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Why is futures copper?
* * * In fact, office telephone transactions, electronic transactions and on-site transactions are conducted separately, but the emphasis is different at different times. * * * At the end of intra-circle trading in the morning, that is, the last spot quotation of intra-circle trading in the second quarter became the official settlement price of LME. This price is generally recognized by relevant markets and is usually regarded as the basis of spot pricing. * * * Insider trading and OTC trading are collectively referred to as floor trading. All metals can be traded at the same time during OTC trading hours, but each metal can be traded separately for 5 minutes in turn during OTC trading hours. * * * The time mentioned in this article is Beijing time, which is 8 hours earlier than the local Beijing time in London. In summer, there is a 7-hour time difference in British daylight saving time, and the trading time is advanced 1 hour. The trading hours of LME are as follows:

1, electronic disk (LME- featured): 09: 00-03: 00 (early the next morning) 2. Off-site transaction (also called office telephone transaction): 24-hour uninterrupted 3. On-site transaction (ring transaction &; OTC): 19: 45-0 1: 00 (the next morning)

The first section begins.

Aluminum alloy 19: 45- > tin 19: 50- > aluminum 19: 55- > copper 20: 00- > lead 20: 05- > zinc 20: 10- > nickel 20:.

The market is closed for 5 minutes at 20:25.

The second quarter begins at 20:30.

Copper 20: 30- > aluminum alloy 20: 35- > tin 20: 40- > lead 20: 45- > zinc 20: 50- > aluminum 20: 55- > nickel 2 1:00.

2 1:05 The second quarter is over and the market is closed 10 minute. The official quotations for eight metals were announced and confirmed.

2 1: 15 The official quotation ends and OTC trading begins.

2 1:30 OTC trading ends.

Lunch break begins at 23: 10, and the third quarter begins.

Aluminum alloy 23: 10

23: 15 closed for 5 minutes.

Lead 23: 20- > zinc 23: 25- > copper 23: 30- > aluminum 23: 35- > tin 23: 40- > nickel 23:45.

The market closes for 5 minutes at 23:50.

At 23:55, the fourth quarter begins.

Polypropylene 23: 55- > lead 00: 00- > zinc 00: 05- > copper 00: 10- > aluminum 00: 15- > tin 00: 20- > nickel 00: 25- > aluminum alloy 00:30.

00:35 The fourth quarter ends and OTC trading begins.

0 1:00 OTC trading ends.

* No formal offer was made this afternoon.