Copper Prices Fell Overnight on Weak Demand [SMM Copper Morning Comment]
- Th05 31, 2024, at 9:48 am
Overnight, LME copper opened at $10,180.5/mt, dropped slightly to a session low of $10,058.5/mt at the beginning of the session, then rebounded to an intraday high of $10,201/mt, and subsequently maintained consolidation, finally closing at $10,125/mt, with a decline of 3.34%. Trading volume reached 34,000 lots, and open interest reached 346,000 lots.
