SMM

LME copper prices opened at $8858/mt and closed at $8867.5/mt overnight, up 0.05%, with the highest of $8880/mt and the lowest of $8776/mt. Trading volume was 20,000 lots, and open interest stood at 310,000 lots. The most active SHFE 2405 copper contract prices opened at 71840 yuan/mt and finished at 72080 yuan/mt overnight, with the high-end of 72120 yuan/mt and the low-end of 71640 yuan/mt, up 0.01%. Trading volume was 34,000 lots, and open interest stood at 188,000 lots.