SunSirs: Copper Closed Higher on November 21st
November 22 2024 10:25:09     SunSirs (John)On November 21st, the price of copper futures in Shanghai rose slightly.
The main contract 2501 closed at 74,450 RMB/ton, up 40 RMB/ton or 0.05%. At 3:00 pm on the same day, the March copper price in London was 9,124.50 US dollars per ton, and the internal to external ratio between Shanghai and London was 8.16, which was the same as the previous trading day. The Shanghai London market experienced similar fluctuations.
All contracts were traded 99,171 lots, and the position decreased by 5,263 lots to 378,016 lots. The main contract sold 42,833 lots, and the position increased by 2,044 lots to 138,639 lots.
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