US Dollar Index Hovers Near Four-Month Low, Copper Prices Jump Initially and Then Pull Back [SMM Copper Morning Meeting Summary]

게시됨: Mar 17, 2025 09:16
[SMM Morning Meeting Summary: Trump Launches Tariff Investigation on Copper Amid Chile's Worst Power Crisis in Nearly a Decade] Last Friday evening, LME copper opened at $9,797/mt, peaked at $9,822.5/mt, and dipped to a low of $9,761.0/mt during the session, eventually closing at $9,793.0/mt. The overall trend showed an initial rise, followed by a decline and then fluctuations, with a 0.45% change. Trading volume was 15,419 lots, and open interest was 302,095 lots. Last Friday evening, the most-traded SHFE copper 2504 futures contract opened at 80,120 yuan/mt, reached a session high of 80,160 yuan/mt, and dropped to a low of 79,690 yuan/mt, finally closing at 79,880 yuan/mt. The overall trend exhibited a fluctuating downward pattern, with a 0.00% change. Trading volume was 14,333 lots, and open interest was 143,098 lots.

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