LME copper prices opened at $8835.5/mt and closed at $8872/mt overnight, with the highest of $8877/mt and the lowest of $8817.5/mt. Trading volume was 20,000 lots, and open interest stood at 310,000 lots. The most active SHFE 2405 copper contract prices opened at 72310 yuan/mt and finished at 72330 yuan/mt overnight, with the high-end of 72430 yuan/mt and the low-end of 72060 yuan/mt, up 0.21%. Trading volume was 33,000 lots, and open interest stood at 184,000 lots. On the macro front, SMM understood that the China Smelters Purchase Team (CSPT) held a general manager office meeting for the first quarter of 2024 in ... (full story)