[Cu Price]SHFE Copper Finishes with Gains (Jul. 29, 2015)

Published: Jul 29, 2015 16:00

Save

SHFE 1510 copper contract started higher at RMB 38,190/mt for night trading Tuesday and soon rose to RMB 38,930/mt.

SHANGHAI, Jul. 29 (SMM) – SHFE 1510 copper contract started higher at RMB 38,190/mt for night trading Tuesday and soon rose to RMB 38,930/mt and closed at RMB 38,690/mt, up RMB 840/mt. Positions decreased 5,400 and trading volumes were about 180,000 lots.

SHFE copper touched an intra-day high of RMB 39,400/mt during Wednesday trading session but later retreated some gains to fell below RMB 39,000/mt. The red metal finally ended at RMB 38,810/mt, growing RMB 960/mt or 2.54%. Trading volumes jumped 128,000 lots while positions decreased 9,262.

SHFE copper prices Cu price

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

15 hours ago

Data: SHFE, DCE market movement (Apr 14)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 14 Apr , 2026

15 hours ago

Indonesia Revises Copper ore Pricing Formula to US$/WMT Effective April 2026

The Kementerian Energi dan Sumber Daya Mineral (ESDM) has officially confirmed that a revised base price (HPM) calculation formula for copper ore will take effect on April 15, 2026. The key change is that the HPM pricing unit for both copper ore and copper concentrate will be adjusted from the previous US dollars per dry metric ton (DMT) to US dollars per wet metric ton (WMT). The original calculation formula and all other parameters (including the CF of 12% for copper ore and the deduction rules for copper concentrate) remain unchanged.

15 hours ago

SMM Is Pleased to Appoint External Consultant Marcio Goto as Regional Manager for Latin America

To further strengthen its market coverage and customer service capabilities in Latin America, Shanghai Metals Market (SMM) is pleased to announce the appointment of external consultant Mr. Marcio Goto, a senior mining engineer and mining economics expert, as Regional Manager for Latin America.

15 hours ago