SHANGHAI, Jul. 14 (SMM) – During Monday night session, SHFE 1509 copper opened higher at RMB 40,480/mt and finally closed up RMB 320/mt or 0.8% at RMB 40,500/mt with the high-end price at RMB 40,590/mt and low-end price at RMB 40,290/mt. Trading volumes came in at 170,000 lots with positions down 3,272.
The most trading contract tested RMB 40,600/mt during Tuesday trading session and later touched a low of RMB 40,250/mt, to end at RMB 40,250/mt, rising RMB 100/mt or 0.25%. Trading volumes fell 82,706 lots and positions dropped 7,628.