[SMM BC Copper Commentary: Copper Prices Fluctuated Strongly, BC Copper Most-Traded Contract Jumped Initially and Then Pulled Back]
SMM, March 13: Today, the most-traded BC copper 2504 futures contract opened at 71,170 yuan/mt, closed with a bearish candlestick, and finally settled at 70,650 yuan/mt, up by 460 yuan/mt or 0.66%. The main trend was driven by bulls reducing positions, with open interest at 6,733 lots, down by 613 lots compared to the previous trading day. Trading volume reached 7,446 lots, a decrease of 1,712 lots from the previous trading day...

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