SMM

LME copper prices opened at $8257/mt overnight before reaching a low of $8233.5/mt and a high of $8291/mt, and closed at $8276.5/mt, a rise of 0.78%. Trading volumes were 21,000 lots and open interest stood at 262,000 lots. The most active SHFE 2312 copper contract prices opened at 67940 yuan/mt and finished at 67910 yuan/mt overnight, up 0.28%, with the low-end of 67700 yuan/mt and the high-end of 67990 yuan/mt. Trading volume was 23,000 lots and open interest stood at 140,000 lots.