On March 12th, the price of copper futures in Shanghai saw a certain increase. The main contract 2505 closed at 79,470 RMB/ton, up 1,590 RMB/ton, or 2.04%. At 3:00 pm on the same day, the March copper price in London was 9,742.50 US dollars per ton, and the ratio of Shanghai to London was 8.16, lower than the previous trading day's 8.17. The increase in Shanghai copper futures was smaller than that in the London market.
All contracts were traded 236,475 lots, and the position increased by 44,267 lots to 550,687 lots. The main contract sold 86,534 lots, and the position increased by 27,150 lots to 181,417 lots.
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