Copper Prices Dip, Trading Volume Drops
Update: 2025-11-18
Description
Copper prices saw a general dip across most contracts on Tuesday, November eighteenth, with December and January contracts closing at four dollars and ninety-eight cents and five dollars and one cent per pound, respectively. This represents a slight decrease of about two and a half cents from their opening prices. The estimated trading volume for today is forty-nine thousand one hundred forty-five contracts, a noticeable drop compared to Mondays volume. The open interest also decreased by four thousand two hundred eighty-three, indicating that some traders are closing out their positions. This suggests a quieter trading day for copper, with fewer new positions being opened and some existing ones being closed.
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