Variety trading time:

The first quarter in the morning, the second quarter in the morning, and mixed trading in the morning.

Afternoon trading in the first quarter, afternoon trading in the second quarter and mixed trading in the afternoon.

Copper London time:12: 00 ~12: 0512: 30 ~12: 3513:10-13:.

Copper bar: The specification standard is Grade A copper, and the weight is between 1 10- 125 kg. Among them, the trading of cathode copper is the most active. All delivered copper must have Grade A copper approved by the London Stock Exchange, which conforms to the British BS 6017-1981standard classification specification.

The influence of copper futures:

When reading the analysis articles of copper futures, readers often see analysts remind the third Wednesday of each month, and regard this day as a key time point in the copper futures market. This is mainly because this day is the execution date of LME copper option in that month. With the implementation of options, the market long and short power will also change to some extent.

In a strong bull market, after the option is executed, with the addition of new bulls, copper prices may rise sharply; However, when the market is deadlocked at a high level, after the option is executed, the newly joined bulls may take the opportunity to take profits, while the original bulls in the market may choose to close some positions after losing the protection of the option.

Two weeks before the option execution date of the month, that is, the first Wednesday of the month, is the announcement date of LME copper options. On this day, the market will have a general understanding of the execution of options in the current month.

Baidu encyclopedia-London copper industry