Overnight, LME copper opened at $9,053/mt, initially dipped to a low of $9,032/mt, then climbed steadily to an intraday high of $9,109.5/mt. It subsequently fluctuated downward, consolidated sideways at the end of the session, and finally closed at $9,065/mt, up by 0.09%. Trading volume reached 14,000 lots, and open interest stood at 270,000 lots.
Overnight, the most-traded SHFE copper 2501 contract opened lower at 74,440 yuan/mt, surged to a high of 74,860 yuan/mt in early trading, then fluctuated downward, consolidated sideways at the end of the session, and finally closed at 74,640 yuan/mt, up by 0.23%. Trading volume reached 18,000 lots, and open interest stood at 137,000 lots.
