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Home / Metal News / SHFE 1507 Copper Tumbles RMB 260/mt (May 21, 2015)

SHFE 1507 Copper Tumbles RMB 260/mt (May 21, 2015)

May 21, 2015 16:35

Source:SMM

The July-delivery SHFE copper fluctuated up Thursday morning with rallying stock prices and hit RMB 45,220/mt after midday.

SHANGHAI, May 21 (SMM) – SHFE 1507 copper contract prices gapped lower at RMB 44,820/mt for night session Wednesday, and fell to RMB 44,700/mt before closing the session at RMB 44,820/mt, down by RMB 130/mt, with the session high at only RMB 44,990/mt.

The July-delivery SHFE copper fluctuated up Thursday morning with rallying stock prices and hit RMB 45,220/mt after midday. The prices ended daytime trading at RMB 45,120/mt, up RMB 170/mt. SHFE 1507 copper contract positions declined 20,022, and trading volumes decreased 163,000 lots.

SHFE copper

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