SHFE 1508 Copper Falls by RMB 100/mt (Jun. 19, 2015)

Published: Jun 19, 2015 17:47

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August-delivery SHFE copper contract was dragged down by a 6.5% slump in Chinese shares, but found support at RMB 41,800/mt.

SHANGHAI, Jun. 19 (SMM) – SHFE 1508 copper contract prices started at RMB 42,080/mt for night trading Thursday and fell to RMB 41,780/mt at one point. The prices ended the session at RMB 41,910/mt, down RMB 10/mt.

August-delivery SHFE copper contract was dragged down by a 6.5% slump in Chinese shares, but found support at RMB 41,800/mt before ending at RMB 41,820/mt, down RMB 100/mt. Trading volumes of the most active SHFE copper contract grew 18,494 lots and positions shed 9,392.

SHFE copper prices

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