SMM INE Copper Comments (Apr 28): Prices Rebounded, Fed to Raise Interest Rates by 25 Basis Points in May
- Apr 28, 2023, at 9:29 pm
The most active July copper contract on the Shanghai International Energy Exchange (INE) closed at 59,660 yuan/mt overnight, an increase of 560 yuan/mt or 0.95%. Bears reduced open interest to 21,274 lots, and trading volume stood at 12,409 lots.