SHANGHAI, May 27 (SMM) – SHFE most active copper contract prices opened lower for the night session Tuesday and once fell by the daily limit to RMB 42,030/mt. The prices ended the night trading at RMB 44,130/mt, off RMB 590/mt.
The August-delivery SHFE copper remained in the RMB 44,100-44,300/mt for most of daytime trading hours Wednesday and ended at RMB 44,300/mt, losing RMB 420/mt. SHFE 1508 copper positions grew 23,190, with trading volumes up 36,450 lots.
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