US Dollar Index Rises, Copper Prices Fall Overnight [SMM Copper Morning Comment]
- Th06 12, 2024, at 9:50 am
Overnight, LME copper opened at $9,693.5/mt, initially dropped to $9,680/mt, then fluctuated upwards, hitting a high of $9,816.5/mt during the session, and finally fluctuated widely to close at $9,805/mt, with a drop of 0.77%. Trading volume rose to 25,000 lots, and open interest stood at 332,000 lots.
