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Morning Comment For SHFE Base Metals November 20
LME copper prices opened at $8215/mt and closed at $8309/mt in last Friday trading, a gain of 0.83%, with the low-end of $8183.5/mt and the high-end of $8311.5/mt. Trading volume was 17,000 lots, and open interest stood at 263,000 lots. The most active SHFE 2312 copper contract prices opened at 67820 yuan/mt and finished at 67860 yuan/mt last Friday evening, up 0.09%, with the low-end of 67750 yuan/mt and the high-end of 67900 yuan/mt. Trading volume was 19,000 lots, and open interest stood at 131,000 lots. On the macro front, Boston Fed President Collins said that he would not rule out the possibility of further ... (full story)
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- Posted: Nov 19, 2023 10:38pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 108
