Home / Metal News / SHFE Copper Closes down RMB 350/mt at RMB 47,690/mt (Oct. 8, 2014)

SHFE Copper Closes down RMB 350/mt at RMB 47,690/mt (Oct. 8, 2014)

iconOct 8, 2014 17:07
Source:SMM
The most active SHFE 1412 copper contract started Wednesday at RMB 47,910/mt, and then surged to RMB 48,220/mt.

SHANGHAI, Oct. 8 (SMM) – The most active SHFE 1412 copper contract started Wednesday at RMB 47,910/mt, and then surged to RMB 48,220/mt. The price of the contract later fell back to dip to RMB 47,660/mt at the tail of the trading to close down RMB 350/mt, or 0.73%, at RMB 47,690/mt. Trading volumes for the most active contract decreased by 115,000 lots, and positions gained by 9,728 lots. Trading activity was light on Wednesday.
 

SHFE copper prices

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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

Related news