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

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

Price Review & Forecast 05:55:45PM Aug 10, 2015 Source:SMM

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.

 

Price

more
62% Fe Fines (Qingdao Port): IOPI62
Oct.18
705.0
-8.0
(-1.12%)
62% Fe Fines (Qingdao Port, CFR Equiv.)
Oct.18
92.1
-1.0
(-1.03%)
58% Fe Fines (Qingdao Port): IOPI58
Oct.18
624.0
-2.0
(-0.32%)
58% Fe Fines (Qingdao Port, CFR Equiv.)
Oct.18
82.0
-0.2
(-0.19%)
65% Fe Fines (Qingdao Port): IOPI65
Oct.18
745.0
-5.0
(-0.67%)

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

Price Review & Forecast 05:55:45PM Aug 10, 2015 Source:SMM

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.