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Morning Comment For SHFE Base Metals On June 7
Overnight, LME copper opened at $10,023/mt, hit a session low of $9,998.5/mt at the beginning, then climbed all the way to a session high of $10,159/mt at the end of the trading session, and finally closed at $10,145.5/mt, with a gain of 1.39%. Trading volume reached 14,000 lots, and open interest reached 333,000 lots. Overnight, the most-traded SHFE copper contract opened at 81,510 yuan/mt, hit a session low of 81,300 yuan/mt at the beginning, then rebounded and hit a session high of 82,230 yuan/mt at the end of the trading session, and finally closed at 82,040 yuan/mt, with a gain of 1.38%. Trading volume reached ... (full story)