SunSirs: Copper closed higher on December 4th
December 05 2024 14:45:07     SunSirs (John)On December 4th, the price of copper futures in Shanghai rose slightly. The main contract 2501 closed at 74,750 RMB/ton, up 690 RMB/ton or 0.93%. At 3:00 pm on the same day, the March copper price in London was 9,109.00 US dollars per ton, and the ratio of Shanghai to London was 8.21, lower than the previous trading day's 8.24. The increase in Shanghai copper futures was smaller than that in the London market.
All contracts were traded 166,623 lots, and the position decreased by 657 lots to 386,169 lots. The main contract sold 94,855 lots, and the position decreased by 2,612 lots to 161,589 lots.
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