[Cu Price] SHFE Copper Breaks down below RMB 38,000/mt (Aug. 3, 2015)

Aug 3, 2015 17:22

SHFE 1510 copper contract started at RMB 38,350/mt for night session last Friday and rose to RMB 38,680/mt before a pullback to RMB 38,200/mt.

SHANGHAI, Aug. 3 (SMM) – SHFE 1510 copper contract started at RMB 38,350/mt for night session last Friday and rose to RMB 38,680/mt before a pullback to RMB 38,200/mt. The most active copper contract finished the session at RMB 38,240/mt, losing RMB 140/mt. Positions in the most active copper contract increased 8,372, and trading volumes were about 185,000 lots.

SHFE copper touched RMB 38,350/mt on Monday morning but then fell below RMB 38,000/mt. The price dipped to RMB 37,810/mt near session’s end, to close down RMB 510/mt or 1.33% at RMB 37,870/mt. Trading volumes grew 154,000 lots and positions were up 32,532.

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 exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

[Cu Price] SHFE Copper Breaks down below RMB 38,000/mt (Aug. 3, 2015)

SMM Events & Webinars

2025 ASIA BATTERY MATERIAL COOPERATION SALON

SMM LME Metals Seminar 2025

AICE 2025 SMM (14th) Aluminum Industry Annual Conference