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SMM Copper Morning Comment

  • nov 13, 2023, at 9:54 am
LME copper prices opened at $8070/mt and closed at $8036.5/mt last Friday evening, a drop of 1.02%, with the low-end of $8020/mt and the high-end of $8095/mt. Trading volume was 21,000 lots, and open interest stood at 264,000 lots. The most active SHFE 2312 copper contract prices opened at 67030 yuan/mt and finished at 66810 yuan/mt last Friday evening, down 0.61%, with the low-end of 66720 yuan/mt and the high-end of 67100 yuan/mt. Trading volume was 34,000 lots, and open interest stood at 145,000 lots.
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