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US Dollar Index Rises, Copper Prices Plummet Overnight
LME copper opened at $10,605/mt overnight, initially reaching a high of $10,605/mt before trending downward. By the end of the trading session, it touched a low of $10,363/mt and finally closed at $10,396/mt, with a decline of 3.94%. Trading volume reached 36,000 lots, and open interest was at 344,000 lots. The most-traded SHFE copper contract opened at 84,500 yuan/mt, initially reaching a high of 85,080 yuan/mt before trending downward. During the session, it touched a low of 83,880 yuan/mt and closed at 84,260 yuan/mt. Trading volume reached 131,000 lots, and open interest was at 215,000 lots, with a decline of ... (full story)