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

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

iconAug 10, 2015 17:55
Source:SMM
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.

 

​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

Related news