SMM

LME copper prices closed at $8,884/mt overnight, a decline of 0.96%. Trading volume was 16,000 lots and open interest stood at 252,000 lots. The most active SHFE 2305 copper contract finished at 68,900 yuan/mt overnight, down 0.83%. Trading volume was 32,000 lots, and open interest stood at 134,000 lots.