The LME was closed. Overnight, SHFE copper prices opened at 81,300 yuan/mt, with its session high and low at 81,680 yuan/mt and 81,120 yuan/mt before closing at 81,270 yuan/mt, up 0.46%. Trading volume was 33,000 lots and open interest stood at 188,000 lots. Copper prices remained strong due to expectations of a rate cut by the Federal Reserve and support from the geopolitical situation. According to foreign media on May 6, First Quantum said on Monday that it was seeking dialogue with the new Panamanian government on the differences over the Cobre Panama copper mine to jointly find a solution. Last Sunday, Jose Raul ... (full story)