Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Coke Coal Pig Iron Steel Billet Finished Steel

New Energy

Solar Lithium Cobalt Cathode Material Phosphorus Carbon Anode Separator Electrolyte Battery Cell And Module Battery Recycling Nickel And Manganese Other Materials Sodium-ion Battery Hydrogen Energy

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / SMM Brief on SHFE Copper Prices (2013-11-13)

SMM Brief on SHFE Copper Prices (2013-11-13)

Nov 13, 2013 17:02

Source:SMM

Copper for delivery in January on the Shanghai Futures Exchange (SHFE), the most active one, opened RMB 380/mt lower at RMB 51,080/mt on Wednesday.

SHANGHAI, Nov. 13 (SMM) – Copper for delivery in January on the Shanghai Futures Exchange (SHFE), the most active one, opened RMB 380/mt lower at RMB 51,080/mt on Wednesday. Selloff and plunging Chinese A-share sent the red metal tumbling to RMB 50,550/mt. The contract shed RMB 840/mt or 1.63% to close at RMB 50,620/mt. Trading volumes and positions surged by 133,000 lots and 11,166 lots, respectively. SHFE copper will remain under great downward pressure on strong bearish sentiment.

SHFE copper

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

LME copper prices once fell below USD 6,100/mt Tuesday and ended down USD 65/mt at USD 6,117/mt, with the US dollar index up more than 1%.

May 27, 2015 09:56

SMM Comments

SMM Copper Market Daily Review (2015-5-13)

The most active SHFE copper contract stayed in a narrow range in most of Wednesday’s daytime trading, but rallied to RMB 46,390/mt at the tail of the session.

May 14, 2015 08:51

SMM Comments

SHFE 1507 Copper Ends up RMB 50/mt (May 12, 2015)

SHFE 1507 copper contract prices vacillated between RMB 45,600-45,830/mt after opening at RMB 45,690/mt Monday night.

May 12, 2015 18:03

SMM Comments

SHFE 1507 Copper Contract Up RMB 1,640/mt (May 4, 2015)

SHFE 1507 copper gapped higher on Monday at RMB 45,330/mt and moved up on increasing anticipation for further monetary easing in China.

May 4, 2015 18:47

SMM Comments

SMM Copper Market Daily Review (2015-4-13)

56% of market players are bullish that LME copper will rise to USD 6,100/mt and SHFE copper will climb above RMB 44,000/mt this week.

Apr 14, 2015 09:35

SMM Comments

SMM Copper Market Daily Review (2015-4-10)

The most active SHFE copper contract extended the strong momentum and touched RMB 43,600/mt on Friday.

Apr 13, 2015 09:52

SMM Comments

SMM Copper Market Daily Review (2015-4-9)

The most active SHFE copper contract met resistance at RMB 43,350/mt after opening Thursday’s daytime trading and slipped to RMB 43,000/mt.

Apr 10, 2015 09:45

SMM Comments

SHFE 1505 Copper Closes Down RMB 190/mt (Mar. 17, 2015)

SHFE 1505 copper contract met resistance at RMB 42,900/mt during Tuesday’s daytime trading and fell quickly after opening to RMB 42,600/mt.

Mar 18, 2015 09:17

SMM Comments

SMM Copper Market Morning Review (2015-3-13)

LME copper prices broke through resistance at the 30-day moving average and hit USD 5,884/mt Thursday before finishing at USD 5,843/mt, up USD 118/mt.

Mar 13, 2015 09:53

SMM Comments

May-Delivery SHFE Copper Rises to RMB 43,200/mt (Mar. 2, 2015)

SHFE 1505 copper contract fell to RMB 42,400/mt after starting Monday’s daytime trading.

Mar 2, 2015 15:48

SMM Comments

SMM Events & Webinars

All

Oct
14
- SMM LME Metals Seminar 2025
  Oct 14 - 14,2025
  London , the United Kingdom
Oct
20
- Li-ION BATTERY China
  Oct 20 - 21,2025
  Xiamen, China
Oct
20
- APAC (10th) Stainless Steel Industry Conference 2025
  Oct 20 - 21,2025
  Xiamen, China

SMM Brief on SHFE Copper Prices (2013-11-13)

SMM Events & Webinars

SMM LME Metals Seminar 2025

Li-ION BATTERY China

APAC (10th) Stainless Steel Industry Conference 2025