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SHFE Copper Closes down RMB 350/mt at RMB 47,690/mt (Oct. 8, 2014)
Oct 8,2014 17:07CST
price review forecast
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.
 

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