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Morning Comment For SHFE Base Metals (September 6)
LME copper opened at $9,015/mt overnight, initially dipping to $9,006/mt, then rising throughout the session to a high of $9,158/mt. It slightly retreated towards the end, closing at $9,100.5/mt, up 1.51%. Trading volume reached 23,000 lots, and open interest was 279,000 lots. The most-traded SHFE copper 2410 contract opened at 72,310 yuan/mt, initially dipping to 72,240 yuan/mt, then rising throughout the session to a high of 73,050 yuan/mt. It slightly retreated towards the end, closing at 72,610 yuan/mt, up 0.92%. Trading volume reached 64,000 lots, and open interest was 164,000 lots. Macro-wise, US employment ... (full story)
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- Posted: Sep 5, 2024 10:14pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 118
