SMM

LME copper prices opened at $8407.5/mt overnight before reaching a high of $8480/mt, and closed at $8469.5/mt, a rise of 0.29%. Trading volumes were 20,000 lots and open interest stood at 267,000 lots. The most active SHFE 2401 copper contract prices opened at 68000 yuan/mt and finished at 68290 yuan/mt overnight, up 0.21%, with the low-end of 67960 yuan/mt and the high-end of 68330 yuan/mt. Trading volume was 30,000 lots and open interest stood at 163,000 lots.