SunSirs--China Commodity Data Group

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SunSirs: Copper Closed Higher on December 9th

December 10 2024 10:58:12     SunSirs (John)

On December 9th, the price of copper futures in Shanghai has slightly increased. The main contract 2501 closed at 74,740 RMB/ton, up 200 RMB/ton or 0.27%. At 3:00 pm on the same day, the March copper price in London was 9,099.50 US dollars per ton, and the internal to external ratio between Shanghai and London was 8.21, higher than the previous trading day's 8.18. The Shanghai copper futures rose more than the London market.

All contracts were traded in 109,142 lots, with a decrease of 4,118 lots in holdings to 374,152 lots. The main contract sold 57,710 lots, and the position decreased by 1,147 lots to 154,305 lots.

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