On December 2nd, the price of copper futures in Shanghai fell slightly. The main contract 2501 closed at 73,720 RMB/ton, down 50 RMB/ton or 0.07%. At 3:00 pm on the same day, the March copper price in London was 8,942.00 US dollars per ton, and the ratio of Shanghai to London was 8.24, higher than the previous trading day's 8.16. The decline in Shanghai copper futures was smaller than that in the London market.
All contracts were traded in 130,150 lots, and the position increased by 5,970 lots to 388,125 lots. The main contract sold 73,251 lots, and the position increased by 2,988 lots to 164,177 lots.
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