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Morning Comment For SHFE Base Metals On June 19

From news.metal.com

LME copper opened at $9,597/mt overnight, initially hitting a session low of $9,551/mt. It then rose throughout the session, reaching a high of $9,730.5/mt at the end of the trading session, and finally closed at $9,719/mt, with a gain of 0.26%. Trading volume reached 20,000 lots, and open interest reached 327,000 lots. The most traded SHFE 2407 copper contract opened at 77,800 yuan/mt overnight, initially hitting a session low of 77,760 yuan/mt. It then fluctuated higher throughout the session, reaching a high of 78,680 yuan/mt at the end of the trading session, and finally closed at 78,640 yuan/mt, with a gain of ... (full story)

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  • Category: Fundamental Analysis