SunSirs--China Commodity Data Group

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SunSirs: Copper Closed Down on December 17th

December 18 2024 10:50:13     SunSirs (John)

On December 17th, the price of copper futures in Shanghai fell slightly. The main contract 2501 closed at 74,350 RMB/ton, down 120 RMB/ton or 0.16%. At 3:00 pm on the same day, the March copper price in London was 9,032.00 US dollars per ton, and the internal and external ratio between Shanghai and London was 8.23, which was the same as the previous trading day. The fluctuations in the Shanghai and London markets were comparable.

All contracts were traded in 93,755 lots, and the position decreased by 1,956 lots to 368,090 lots. The main contract sold 50,511 lots, and the position decreased by 5,553 lots to 134,670 lots.

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