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SMM Morning Comment For SHFE Base Metals (Oct 30)
LME copper opened at $9,622.5/mt overnight, initially reaching a high of $9,648/mt before declining throughout the session, hitting a low of $9,513/mt near the close, and finally rebounding slightly to close at $9,550/mt, down 0.06%. Trading volume reached 22,000 lots, and open interest was 276,000 lots. The most-traded SHFE copper 2412 contract opened at 76,660 yuan/mt overnight, initially reaching a high of 77,030 yuan/mt before declining throughout the session, hitting a low of 76,470 yuan/mt during the session, and finally rebounding slightly to close at 76,570 yuan/mt, up 0.07%. Trading volume reached 45,000 ... (full story)
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- Posted: Oct 29, 2024 10:32pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 114
