Commodity News
SunSirs: Copper Closed Higher on November 8th
November 11 2024 14:35:39 SunSirs (John)
On November 8th, the price of copper futures in Shanghai rose.
The main contract 2412 closed at 77,100 RMB/ton, up 1,120 RMB/ton, or 1.47%. At 3:00 pm on the same day, the March copper price in London was 9,591.50 US dollars per ton, and the ratio of Shanghai to London was 8.04, lower than the previous trading day's 8.09. The increase in Shanghai copper futures was smaller than that in the London market.
All contracts were traded in 205,104 lots, with a decrease of 6,699 lots in holdings to 392,548 lots. The main contract sold 101,799 lots, and the position decreased by 4,479 lots to 150,641 lots.
If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.
Related Information
- 2025-12-03 SunSirs: Silver Jumps 90%+, Copper Sets All-Time High: Bull Run Begins for Non-Ferrous Metals?
- 2025-12-03 SunSirs: Copper Prices Surge to Record High: Are Long Opportunities Still Viable?
- 2025-12-02 SunSirs: Copper Prices Set to Climb Further as U.S. Demand Draws Global Supply—Investor Alert
- 2025-12-01 SunSirs: With Demand Fluctuating, Copper Prices in November Were Mainly Characterized by Wide Fluctuations
- 2025-11-28 SunSirs: Copper Prices Skyrocket by 20,000 RMB/Ton: The Role of Emerging Industries in This Historic Surge
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