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What is LUN March copper?
London copper refers to March copper, representing the average price of the last three months, which can be understood as the middle month, so it has no expiration month, so its graphics are always continuous. When many friends look at the futures market, they often point out that they don't know the difference between LmeS copper 3, LME copper 03, on-site copper 03 and comprehensive copper 03 in LME market. I guess you are in the same situation. Let me explain it to you.

LmeS for London Metal Exchange copper: 09: 00-03: 00 (next morning)

Please note: in summer, due to the use of daylight saving time in the UK, the Beijing time of the transaction is advanced by 1 hour.

LME Copper 03: OTC trading (also called office or telephone trading): 24 hours a day.

On-site Copper 03: Ring Trading &; OTC): 19: 45-0 1: 00 (the next morning)

Please note: in summer, due to the use of daylight saving time in the UK, the Beijing time of the transaction is advanced by 1 hour.

Comprehensive Copper 03: In order to let everyone see the overall trend of Lme market, Wenhua Finance added virtual varieties such as comprehensive copper 03, comprehensive aluminum 03, comprehensive zinc 03, comprehensive nickel 03, comprehensive tin 03, comprehensive lead 03 and alloy comprehensive 03 outside Lme in real time.

Virtual variety integrates off-site, on-site and electronic disk (Lme-Select), which makes the minute chart more complete, continuous and regular, and can fully reveal the overall trend of Lme.