Summary of Morning Meeting at SMM: US GDP Data Revised Down, Overnight Copper Rises Slightly
Overnight, LME copper opened at $8992.5 per ton, touched a low of less than $8992.5 per ton in early trading, then rose after a brief shake, reached a high of over $9098 per ton in trading, and ultimately closed at $9074 per ton with a trading volume of 32,000 lots and an open interest of 306,000 lots, with a 1.82% increase. Overnight, SHFE copper main contract 2405 opened at 72930 yuan per ton, initially declined to a low of less than 72700 yuan per ton, then rose, traded sideways and rose to over 73440 yuan per ton during trading, and ultimately closed at 73290 yuan per ton with a trading volume of 90,000 lots and an open interest of 233,000 lots, with a 1.23% increase.

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