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[Cu Price]SHFE Copper Finishes with Gains (Jul. 29, 2015)
Jul 29,2015 16:00CST
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Source:SMM
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.


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