LME copper prices opened at $9691/mt and closed at $9743/mt in overnight trading, a gain of 2.04%, with the low-end of $9641/mt and the high-end of $9774/mt. Trading volume was 34,000 lots, and open interest stood at 333,000 lots. The most active SHFE 2406 copper contract prices opened at 78900 yuan/mt and closed at 79050 yuan/mt last evening, up 1.78%, with the high-end of 79250 yuan/mt and the low-end of 78200 yuan/mt. Trading volumes stood at 98,000 lots and open interest stood at 210,000 lots. Due to the UK and US metal sanctions on Russia, LME's available inventory has dropped significantly, affecting market ... (full story)