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SMM Copper Morning Comment

  • Des 11, 2023, at 10:00 am
LME copper prices opened at $8444.5/mt and closed at $8438/mt in last Friday trading, a gain of 0.81%, with the low-end of $8409/mt and the high-end of $8498/mt. Trading volume was 24,000 lots, and open interest stood at 285,000 lots. The most active SHFE 2401 copper contract prices opened at 68260 yuan/mt and closed at 68540 yuan/mt last Friday evening, up 1.11%, with the high-end of 68800 yuan/mt and the low-end of 68260 yuan/mt. Trading volumes stood at 40,000 lots and open interest stood at 153,000 lots.
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