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Morning Comment For SHFE Base Metals On May 22
LME copper opened at $10,879/mt overnight, initially rising to a high of $10,982/mt before fluctuating downward. Approaching the end of the trading session, it touched a low of $10,787.5/mt and finally closed at $10,822/mt. Trading volume reached 27,000 lots, and open interest reached 342,000 lots, with a decline of 1.25%. The most active SHFE copper contract opened at 87,680 yuan/mt, initially reaching a high of 87,950 yuan/mt before fluctuating downward. Approaching the end of the trading session, it touched a low of 86,170 yuan/mt and finally closed at 86,550 yuan/mt. Trading volume reached 105,000 lots, and open ... (full story)
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- Posted: May 21, 2024 11:39pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 276
