SMM

LME copper prices opened at $8119/mt overnight before reaching a low of $8090.6/mt and a high of $8196/mt, and closed at $8187/mt, a rise of 1.9%. Trading volumes were 20,000 lots and open interest stood at 266,000 lots. The most active SHFE 2312 copper contract prices opened at 67390 yuan/mt and finished at 67490 yuan/mt overnight, up 0.76%, with the low-end of 67270 yuan/mt and the high-end of 67500 yuan/mt.