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Home / Metal News / SMM Brief on SHFE Copper Prices (2014-4-18)

SMM Brief on SHFE Copper Prices (2014-4-18)

Apr 18, 2014 17:42

Source:SMM

The most active SHFE copper contract price dipped during Thursday’s night session to RMB 46,450/mt, and finished up RMB 30/mt at RMB 46,600/mt.

SHANGHAI, Apr. 18 (SMM) – The most active SHFE copper contract price dipped during Thursday’s night session to RMB 46,450/mt, and finished up RMB 30/mt at RMB 46,600/mt. Traded volumes stood at around 90,000 lots, while positions gained 7,548 lots. SHFE copper prices fell Friday back to a low of RMB 46,240/mt, and closed down RMB 210/mt, or 0.45%, at RMB 47,360/mt. Traded volumes shed 58,440 lots, and positions gained 7,694 lots. SHFE copper prices have found support at the 20-day moving average.

SHFE copper prices

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Copper for March delivery on the Shanghai Futures Exchange, the most active contract, started at RMB 41,040/mt and then tested support at RMB 40,930/mt in Wednesday’s night session.

Jan 22, 2015 17:15

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SHFE Copper Closes Up RMB 700/mt at RMB 41,770/mt (Jan. 19, 2015)

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SHFE Copper Plummets RMB 2,170/mt at RMB 41,190/mt (Jan. 14, 2015)

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Copper for March delivery on the Shanghai Futures Exchange, the most active contract, dipped to RMB 44,450/mt in Thursday’s night session.

Jan 12, 2015 10:01

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Copper for March delivery on the Shanghai Futures Exchange, the most active contract, dipped to RMB 44,450/mt in Thursday’s night session.

Jan 12, 2015 09:15

SMM Comments

SHFE copper Closes Down RMB 490/mt at RMB 44,250/mt (Jan. 9, 2015)

Copper for March delivery on the Shanghai Futures Exchange, the most active contract, dipped to RMB 44,450/mt in Thursday’s night session.

Jan 9, 2015 18:08

SMM Comments

SHFE Copper Finishes Up RMB 20/mt at RMB 44,680/mt (Jan. 8, 2015)

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Jan 8, 2015 17:56

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SMM Brief on SHFE Copper Prices (2014-4-18)

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