Summary of SMM morning meeting: Domestic industrial growth remains stable and positive, overnight LME copper surged and then fell back.
Overnight, LME copper opened at $9069.5/ton, touching a low of $9069.5/ton at the beginning of the session, then after a brief shake, it rose, reaching a high of $9164.5/ton during the session before falling back, ultimately closing at $9102/ton, with a trading volume of 29,000 lots and an open interest of 311,000 lots, an increase of 0.31%.
Overnight, the main 2405 contract of SHFE copper opened at 73130 yuan/ton, touching a low of 73130 yuan/ton at the beginning of the session, then rising. It reached a high of 73900 yuan/ton during the session before shaking down and ultimately closing at 73460 yuan/ton, with a trading volume of 98,000 lots and an open interest of 232,000 lots, an increase of 1.53%.

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

