SunSirs: Copper Closed Down on December 26th
December 27 2024 09:42:14     SunSirs (John)
On December 26th, the price of copper futures in Shanghai fell slightly. The main contract 2502 closed at 74,040 RMB/ton, a decrease of 20 RMB/ton or 0.03%. At 3:00 pm on the same day, the March copper price in London was 8,967.00 US dollars per ton, and the ratio of Shanghai to London was 8.26, lower than the previous trading day's 8.27. The decline in Shanghai copper futures was greater than that in the London market.
All contracts were traded 74,545 lots, and the position increased by 1,272 lots to 382,040 lots. The main contract sold 31,455 lots, and the position increased by 3,383 lots to 142,789 lots.
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