SMM Morning Meeting Minutes: LME copper opened at $10,992.5/mt overnight, initially touched a high of $11,009.5/mt, then copper prices fluctuated downward with the center touching a low of $10,912/mt, and finally closed at $10,953/mt, up 1.11%, with trading volume reaching 22,000 lots and open interest reaching 327,000 lots. The most-traded SHFE copper contract 2601 opened at 87,200 yuan/mt overnight, initially touched a high of 87,300 yuan/mt, then fluctuated downward touching a low of 86,820 yuan/mt, and finally closed at 87,090 yuan/mt, up 0.46%, with trading volume reaching 54,000 lots and open interest reaching 206,000 lots.