SunSirs: Copper Closed Higher on December 3rd
December 04 2024 13:35:04     SunSirs (John)
On December 3rd, the price of copper futures in Shanghai rose slightly. The main contract 2501 closed at 74,340 RMB/ton, up 630 RMB/ton, or 0.85%. At 3:00 pm on the same day, the March copper price in London was 9.022.00 US dollars per ton, and the ratio of Shanghai to London was 8.24, which was the same as the previous trading day. The Shanghai London market experienced similar fluctuations.
All contracts were traded in 143,233 lots, and the position decreased by 1,299 lots to 386,826 lots. The main contract sold 79,944 lots, and the position increased by 24 lots to 164,201 lots.
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