SHFE 1508 Copper Loses RMB 360/mt (Jun. 17, 2015)

Jun 17, 2015 17:38

The most active SHFE copper contract met resistance from RMB 42,000/mt on Wednesday and moved mainly around RMB 41,800/mt in the morning.

SHANGHAI, Jun. 16 (SMM) – SHFE 1508 copper contract prices started at RMB 42,050/mt for night trading Tuesday and dipped to a low of RMB 41,730/mt before closing at RMB 41,770/mt, down RMB 400/mt.

The most active SHFE copper contract met resistance from RMB 42,000/mt on Wednesday and moved mainly around RMB 41,800/mt in the morning. The prices finally ended at RMB 41,810/mt, down RMB 360/mt. Positions shrank by 6,032 and trading volumes dropped 20,692 lots. SHFE 1509 copper contract positions increased 6,296.

SHFE copper prices

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 Loses RMB 360/mt (Jun. 17, 2015)

SMM Events & Webinars

NET ZERO CHINA Field Trip

2025 ASIA BATTERY MATERIAL COOPERATION SALON

SMM LME Metals Seminar 2025