[Cu Price]SHFE Copper Closes up RMB 240/mt (Aug. 10, 2015)

Published: Aug 10, 2015 17:55
SHFE 1510 copper contract opened lower at RMB 37,750/mt for night session Friday night.

SHANGHAI, Aug. 10 (SMM) – SHFE 1510 copper contract opened lower at RMB 37,750/mt for night session Friday night, and then rose to RMB 38,100/mt. The price then drifted lower to RMB 37,840/mt, up RMB 90/mt. Positions grew 1,274, and trading volumes were about 168,000 lots.

SHFE copper fell immediately after opening Monday trading session and then tested RMB 37,540/mt. In the afternoon business, the price dropped to RMB 38,000/mt  and followed Chinese stocks to rise, to finish up RMB 240/mt or 0.64% at RMB 37,990/mt. Trading volumes fell 87,610 lots and positions slipped 6,930.

 

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 for 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
JCC Hongyuan Copper's $200M Expansion Project Aims to Boost Capacity to 550,000 mt by 2027
Sep 7, 2026 15:43
JCC Hongyuan Copper's $200M Expansion Project Aims to Boost Capacity to 550,000 mt by 2027
Read More
JCC Hongyuan Copper's $200M Expansion Project Aims to Boost Capacity to 550,000 mt by 2027
JCC Hongyuan Copper's $200M Expansion Project Aims to Boost Capacity to 550,000 mt by 2027
The 300,000 mt/year copper cathode expansion project of JCC Hongyuan Copper, a subsidiary of Jiangxi Copper Corporation, entered the pre-approval public notice stage of its environmental impact assessment on September 4, with a total investment of approximately 1.416 billion yuan. The project is planned to start construction in September 2026 and be completed in December 2027. Upon completion, JCC Hongyuan's total capacity will jump from 250,000 mt to 550,000 mt.
Sep 7, 2026 15:43
Japanese Yen Increases USD/JPY Drops Below 159 Amid Intervention Speculation
Sep 3, 2026 19:00
Japanese Yen Increases USD/JPY Drops Below 159 Amid Intervention Speculation
Read More
Japanese Yen Increases USD/JPY Drops Below 159 Amid Intervention Speculation
Japanese Yen Increases USD/JPY Drops Below 159 Amid Intervention Speculation
[SMM Precious Metal Express] The Japanese yen spiked sharply during Wednesday's trading, with USD/JPY falling below 159 and closing down 0.92% at 158.69, sparking speculation of Japanese currency intervention. The dollar index also dropped sharply, with a weaker dollar environment providing support for precious metals.
Sep 3, 2026 19:00
Wuhu Approves Environmental Impact Assessment for Anhui Motu's 500,000 kVAh Lead-Carbon Battery Project
Aug 26, 2026 17:02
Wuhu Approves Environmental Impact Assessment for Anhui Motu's 500,000 kVAh Lead-Carbon Battery Project
Read More
Wuhu Approves Environmental Impact Assessment for Anhui Motu's 500,000 kVAh Lead-Carbon Battery Project
Wuhu Approves Environmental Impact Assessment for Anhui Motu's 500,000 kVAh Lead-Carbon Battery Project
[Lead-Acid Battery Enterprise Dynamics] Recently, the Wuhu Municipal Bureau of Ecology and Environment issued an approval opinion, and the environmental impact assessment for the annual production of 500,000 kVAh lead-carbon battery assembly project of Anhui Motu Technology Group Co., Ltd. was officially approved. The enterprise will implement various environmental protection measures in accordance with the requirements of the environmental impact assessment approval, advance subsequent preliminary work, and start the project construction after all conditions are ready.
Aug 26, 2026 17:02
[Cu Price]SHFE Copper Closes up RMB 240/mt (Aug. 10, 2015) - Shanghai Metals Market (SMM)