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SHFE 1507 Copper Posts RMB 260/mt Decline (May 18, 2015)
May 19,2015 18:02CST
price review forecast
Source:SMM
The most active SHFE copper contract stabilized at RMB 45,800/mt early Tuesday, and then moved higher to RMB 45,950/mt before ending at RMB 45,710/mt.

SHANGHAI, May 18 (SMM) – SHFE 1507 copper contract prices opened at RMB 45,960/mt for night session of Monday, and dipped to a low of RMB 45,680/mt before ending at RMB 45,780/mt, down by RMB 190/mt. Positions decreased 3,202 and trading volumes grew to about 120,000 lots.

The most active SHFE copper contract stabilized at RMB 45,800/mt early Tuesday, and then moved higher to RMB 45,950/mt before ending at RMB 45,710/mt, falling by RMB 260/mt. SHFE 1507 copper contract positions declined 9,272, and trading volumes grew 13,190 lots.
 

SHFE copper

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