Copper Futures Prices Rebounded as Market Expects Fed to Pause Interest Rate Hike in June
- Jun 02, 2023, at 9:54 am
- SMM
LME copper closed at $8,231.5/mt last evening, a rise of 1.5%.Trading volume was 20,000 lots and open interest stood at 252,000 lots. The most active SHFE 2307 copper contract finished at 65,760 yuan/mt overnight, up 0.75%. Trading volume was 46,000 lots and open interest stood at 185,000 lots.