SunSirs: Copper Closed Higher on December 10th
December 11 2024 15:02:58     SunSirs (John)On December 10th, the price of copper futures in Shanghai rose slightly. The main contract 2501 closed at 75,130 RMB/ton, up 340 RMB/ton or 0.45%. At 3:00 pm on the same day, the March copper price in London was 9,208.00 US dollars per ton, and the ratio of Shanghai to London was 8.16, lower than the previous trading day's 8.21. The increase in Shanghai copper futures was smaller than that in the London market.
All contracts were traded in 160,225 lots, and the position increased by 1,037 lots to 375,189 lots. The main contract sold 83,150 lots, and the position decreased by 2,123 lots to 152,182 lots.
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