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SMM Copper Morning Comment

  • Th12 18, 2023, at 9:51 am
LME copper prices opened at $8590/mt and closed at $8525/mt last Friday evening, a drop of 0.07%, with the low-end of $8471/mt and the high-end of $8605/mt. Trading volume was 20,000 lots, and open interest stood at 289,000 lots. The most active SHFE 2401 copper contract prices opened at 68610 yuan/mt and finished at 68670 yuan/mt last Friday evening, down 0.03%, with the low-end of 68330 yuan/mt and the high-end of 68750 yuan/mt.
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