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.