SHFE 1508 Copper Posts RMB 140/mt Fall (Jun. 11, 2015)

Jun 11, 2015 18:20

August-delivery SHFE copper contract remained stable early Thursday and started falling in the afternoon to hit RMB 43,160/mt.

SHANGHAI, Jun. 11 (SMM) – SHFE 1508 copper contract prices gapped higher at RMB 43,630/mt Wednesday night and fell back after rising to RMB 43,760/mt. The prices fell to RMB 43,470/mt before ending at RMB 43,620/mt, up RMB 250/mt.

August-delivery SHFE copper contract remained stable early Thursday and started falling in the afternoon to hit RMB 43,160/mt. The prices closed at RMB 43,230/mt for the daytime trading, down RMB 140/mt. Trading volumes increased 30,452 lots and positions were down 4,576. Prices still face downside risk.

SHFE copper

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

SHFE 1508 Copper Posts RMB 140/mt Fall (Jun. 11, 2015)

SMM Events & Webinars

2025 ASIA BATTERY MATERIAL COOPERATION SALON

SMM LME Metals Seminar 2025

AICE 2025 SMM (14th) Aluminum Industry Annual Conference