SMM Morning Meeting Minutes: LME copper opened at $10,824/mt overnight, initially touched a low of $10,801/mt before rising straight to a high of $10,871/mt, then moved sideways and finally closed at $10,840/mt, down 0.32%, with trading volume reaching 13,000 lots and open interest at 324,000 lots. The most-traded SHFE copper 2512 contract opened at 86,590 yuan/mt overnight, touched a high of 87,050 yuan/mt early in the session, then fell all the way to a low of 86,530 yuan/mt near the close, and finally settled at 86,770 yuan/mt, up 0.08%, with trading volume at 31,000 lots and open interest at 205,000 lots.