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SMM Copper Morning Comment

  • Th12 14, 2023, at 9:51 am
LME copper prices opened at $8300.5/mt overnight before reaching a low of $8290.5/mt and a high of $8358/mt, and closed at $8339/mt, a drop of 0.04%. Trading volumes were 16,000 lots and open interest stood at 286,000 lots. The most active SHFE 2401 copper contract prices opened at 67700 yuan/mt and finished at 67820 yuan/mt last evening, down 0.1%, with the low-end of 67690 yuan/mt fell high-end of 68090 yuan/mt.
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