Copper Prices Fell Overnight on Weak Demand [SMM Copper Morning Comment]

Mei 31, 2024, at 9:48 am

Overnight, LME copper opened at $10,180.5/mt, dropped slightly to a session low of $10,058.5/mt at the beginning of the session, then rebounded to an intraday high of $10,201/mt, and subsequently maintained consolidation, finally closing at $10,125/mt, with a decline of 3.34%. Trading volume reached 34,000 lots, and open interest reached 346,000 lots.

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SMM • 2 tahun yang lalu
SMM Tin Market Morning Comment (May 31)
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2 tahun yang lalu
Overnight, base metals generally fell, with LME lead recording two consecutive days of declines SHFE lead slightly closing lower [SMM Lead Morning Comment]

Copper Prices Fell Overnight on Weak Demand [SMM Copper Morning Comment]

SMM Tin Market Morning Comment (May 31)

Overnight, base metals generally fell, with LME lead recording two consecutive days of declines SHFE lead slightly closing lower [SMM Lead Morning Comment]