SHANGHAI, Jun. 15 (SMM) – SHFE 1508 copper contract prices opened at RMB 42,590/mt for night trading last Friday and moved around RMB 42,820/mt before closing at RMB 42,770/mt, up RMB 50/mt.

August-delivery SHFE copper contract dropped on Monday and touched RMB 42,170/mt in the afternoon before closing the daytime trading at RMB 42,210/mt, down RMB 510/mt. Positions grew 2,752, and trading volumes declined 95,014 lots.

SHFE 1506 copper contract closed at RMB 42,700/mt on its last trading day, with positions at 4,490.