SHFE Copper Prices Trade up by RMB 380/mt (Aug. 21, 2015)-Shanghai Metals Market

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SHFE Copper Prices Trade up by RMB 380/mt (Aug. 21, 2015)

Price Review & Forecast 03:40:14PM Aug 21, 2015 Source:SMM

SHANGHAI, Aug. 21 (SMM) – SHFE 1510 copper contract gapped higher at RMB 39,020/mt for night trading Thursday, and ended the session at RMB 39,050/mt, with the session high at RMB 39,220/mt and low end price at RMB 38,910/mt. Positions declined 936, and trading volumes were around 180,000 lots.

SHFE copper met resistance at RMB 39,100/mt during Friday trading session and retreated some earlier gains, to close at RMB 38,940/mt, up by RMB 380/mt or 0.99%. Trading volumes declined 15,000 lots and positions were down 7,918.

SHFE Copper Prices Trade up by RMB 380/mt (Aug. 21, 2015)

Price Review & Forecast 03:40:14PM Aug 21, 2015 Source:SMM

SHANGHAI, Aug. 21 (SMM) – SHFE 1510 copper contract gapped higher at RMB 39,020/mt for night trading Thursday, and ended the session at RMB 39,050/mt, with the session high at RMB 39,220/mt and low end price at RMB 38,910/mt. Positions declined 936, and trading volumes were around 180,000 lots.

SHFE copper met resistance at RMB 39,100/mt during Friday trading session and retreated some earlier gains, to close at RMB 38,940/mt, up by RMB 380/mt or 0.99%. Trading volumes declined 15,000 lots and positions were down 7,918.