SunSirs: Copper Closed Higher on February 10th
February 11 2025 15:23:18     SunSirs (John)
On February 10th, the price of copper futures in Shanghai rose slightly. The main contract 2503 closed at 77,370 RMB/ton, up 640 RMB/ton, or 0.83%. At 3:00 pm on the same day, the March copper price in London was 9,394.50 US dollars per ton, and the ratio of Shanghai to London was 8.24, higher than the previous trading day's 8.23. The Shanghai copper futures rose more than the London market.
On February 10th, all contracts were traded in 233,193 lots, and the position increased by 18,727 lots to 469,028 lots. The main contract sold 105,092 lots, and the position increased by 8,350 lots to 183,381 lots.
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