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SHFE 1507 Copper Ends down RMB 100/mt (May 11, 2015)
May 11,2015 18:02CST
price review forecast
Source:SMM
SHFE 1507 copper contract prices opened at RMB 45,860/mt Friday night and closed up RMB 20/mt at RMB 45,910/mt.

SHANGHAI, May 11 (SMM) – SHFE 1507 copper contract prices opened at RMB 45,860/mt Friday night and closed up RMB 20/mt at RMB 45,910/mt, with a session high seen at RMB 46,030/mt and low-end price at RMB 45,660/mt. Positions declined 56 and trading volumes were around 130,000 lots.

The July-delivery copper dipped to a low of RMB 45,570/mt Monday and stayed near RMB 45,660/mt in the afternoon. The prices rose at the tail of trading and closed at RMB 45,790/mt, down RMB 100/mt. Trading volumes increased 24,164 lots, and positions dropped 5,514.
 

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