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SHFE 1508 Copper up RMB 330/mt (Jun. 24, 2015)
Jun 24,2015 16:53CST
price review forecast
Source:SMM
SHFE 1508 copper contract prices managed to hold above RMB 41,900/mt and touched RMB 42,290/mt before ending the daytime trading at RMB 42,190/mt.

SHANGHAI, Jun. 24 (SMM) – The most active SHFE copper contract opened at RMB 41,890/mt Tuesday night and grew rapidly to RMB 42,150/mt before ending the session at RMB 42,020/mt, up RMB 160/mt.

SHFE 1508 copper contract prices managed to hold above RMB 41,900/mt and touched RMB 42,290/mt before ending the daytime trading at RMB 42,190/mt, up RMB 330/mt. Positions of the most active copper contract fell by 11,464, while SHFE 1509 copper contract positions increased 18,922. The August-delivery copper is still under resistance from the 10-day moving average.
 

SHFE copper prices

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