Strong US Business Activity Drives Copper Prices Down Overnight [SMM Copper Morning Comment]
- Th05 24, 2024, at 9:53 am
Overnight, LME copper opened at $10,330/mt, initially dipped to a low of $10,330/mt, then fluctuated upwards, reaching a high of $10,508/mt during the session, before falling back to close at $10,359/mt, with a decline of 0.36%. Trading volume reached 30,000 lots, and open interest reached 348,000 lots.
