SunSirs: Copper Closed Down on February 11th
February 12 2025 10:54:21     SunSirs (John)On February 11th, the price of copper futures in Shanghai fell slightly. The main contract 2503 closed at 77,150 RMB/ton, a decrease of 250 RMB/ton or 0.32%. At 3:00 pm on the same day, the March copper price in London was 9,401.00 US dollars per ton, and the ratio of Shanghai to London was 8.21, lower than the previous trading day's 8.24. The decline in Shanghai copper futures was greater than that in the London market.
All contracts were sold in 144,897 lots, and the position increased by 1,412 lots to 470,441 lots. The main contract sold 68,212 lots, and the position decreased by 2,417 lots to 180,965 lots.
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