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SMM Copper Morning Comment

  • nov 29, 2023, at 9:50 am
LME copper prices opened at $8381.5/mt and closed at $8451/mt in overnight trading, a gain of 0.91%, with the low-end of $8370.5/mt and the high-end of $8484/mt. Trading volume was 23,000 lots, and open interest stood at 267,000 lots. The most active SHFE 2401 copper contract prices opened at 67890 yuan/mt and finished at 68280 yuan/mt overnight, up 0.71%, with the low-end of 67890 yuan/mt and the high-end of 68390 yuan/mt. Trading volume was 53,000 lots and open interest stood at 165,000 lots.
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