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SMM Brief on SHFE Copper Prices (2014-6-13)
Jun 13,2014 17:47CST
price review forecast
Source:SMM
The most active SHFE copper contract started Thursday’s night session lower at RMB 47,500/mt, and closed down RMB 260/mt at RMB 47,370/mt.

SHANGHAI, Jun. 13 (SMM) – The most active SHFE copper contract started Thursday’s night session lower at RMB 47,500/mt, and closed down RMB 260/mt at RMB 47,370/mt. During the night session, traded volumes stood at around 150,000 lots, and positions gained by 934 lots.

On Friday, SHFE copper prices rose to a high of USD 47,860/mt, and finished up RMB 100/mt, or 0.21%, at RMB 47,730/mt. Traded volumes for the most active contract expanded by 95,884 lots, and positions lost by 14,006 lots. Positions for the SHFE 1406 copper contract shed by 7,960 lots.
 

SHFE copper prices

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