Overnight copper prices rebounded, the People's Bank of China stated that it was determined to prevent the risk of exchange rate overshooting
- Th08 18, 2023, at 9:56 am
LME copper prices closed at $8,234/mt overnight, a gain of 0.75%. Trading volume was 21,000 lots and open interest stood at 274,000 lots. The most active SHFE 2309 copper contract prices closed at 68,220 yuan/mt overnight, up 0.6%. Trading volumes stood at 26,000 lots and open interest stood at 152,000 lots.
