SMM Morning Comments: Marginal Improvement in US Inflation Suppression, Optimistic Rate Cut Expectations Expected to Reignite
Last Friday, the evening LME copper opened at $8548 per ton, with a brief initial decline followed by a rise. It reached a high of $8587 per ton in the session, but then declined to a low of $8518 per ton before closing at $8529 per ton, with a trading volume of 18,000 lots and an open interest of 280,000 lots, representing a drop of 0.22%. Last Friday evening, the main SHFE 2403 copper contract opened at RMB 68,910 per ton, with a wide range of fluctuations in the initial session touching below RMB 68,990 per ton, followed by a rise to a high of RMB 69,280 per ton in the session, and finally closing at RMB 69,010 per ton, with a trading volume of 21,000 lots and an open interest of 153,000 lots, representing an increase of 0.01%.

![[ บทวิเคราะห์ SMM ] คู่มือฉบับภาพรายงานครึ่งปี 2569 ของผู้ถลุงทองแดง 19 ราย](https://imgqn.smm.cn/usercenter/gCNEi20251217171715.jpeg)

