Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

Solar Lithium Cobalt Ternary Precursor and Material Anode Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Consulting

Home / Metal News / SHFE Copper Ended Up RMB 590/mt (Sept. 30, 2015)

SHFE Copper Ended Up RMB 590/mt (Sept. 30, 2015)

Sep 30, 2015 15:36

Source:SMM

SHE 1512 copper performed well on Wednesday, partly because of rising Chinese stock market.

SHANGHAI, Sept. 30 (SMM) –SHE 1512 copper performed well on Wednesday, partly because of rising Chinese stock market. The red metal hit an intraday high of RMB 38,490/mt due to exit of shorts and entry of longs. Finally, the most active contract ended up RMB 590/mt or 1.56% at RMB 38,370/mt. Positions were up 5,992 to 236,074. Glencore’s shares surged 16.9% on Tuesday, easing market panic. Recent has seen news of production cuts and halts at overseas mines. China’s support for infrastructure projects will bode well for copper demand.

SHFE copper prices

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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

Copper for March delivery on the Shanghai Futures Exchange, the most active contract, started at RMB 41,040/mt and then tested support at RMB 40,930/mt in Wednesday’s night session.

Jan 22, 2015 17:15

SMM Comments

SMM Base Metals Weekly Price Review and Forecast (Jan. 19-23, 2015)

Heavy selling led to significant fall across base metal markets last week.

Jan 20, 2015 11:18

SMM Comments

SHFE Copper Closes Up RMB 700/mt at RMB 41,770/mt (Jan. 19, 2015)

Copper for March delivery on the Shanghai Futures Exchange, the most active contract, fell briefly to RMB 40,750/mt after starting at RMB 40,850/mt.

Jan 19, 2015 17:22

SMM Comments

SHFE Copper Plummets RMB 2,170/mt at RMB 41,190/mt (Jan. 14, 2015)

Copper for March delivery on the Shanghai Futures Exchange, the most active contract, swung by less than RMB 200/mt after starting Tuesday’s night session at RMB 42,300/mt.

Jan 14, 2015 15:44

SMM Comments

SMM Base Metals Market Daily Review (2015-1-13)

Copper for March delivery on the Shanghai Futures Exchange, the most active contract, started Monday’s night session at RMB 43,400/mt and later dipped to RMB 43,240/mt.

Jan 14, 2015 10:37

SMM Comments

SMM Base Metals Weekly Price Review and Forecast (Jan. 12-16, 2015)

Oil prices across the world fell further last week. Risks reemerged that Greece may exit the euro zone.

Jan 13, 2015 10:58

SMM Comments

SMM Base Metals Market Daily Review (2015-1-9)

Copper for March delivery on the Shanghai Futures Exchange, the most active contract, dipped to RMB 44,450/mt in Thursday’s night session.

Jan 12, 2015 10:01

SMM Comments

SMM Copper Market Daily Review (2015-1-9)

Copper for March delivery on the Shanghai Futures Exchange, the most active contract, dipped to RMB 44,450/mt in Thursday’s night session.

Jan 12, 2015 09:15

SMM Comments

SHFE copper Closes Down RMB 490/mt at RMB 44,250/mt (Jan. 9, 2015)

Copper for March delivery on the Shanghai Futures Exchange, the most active contract, dipped to RMB 44,450/mt in Thursday’s night session.

Jan 9, 2015 18:08

SMM Comments

SHFE Copper Finishes Up RMB 20/mt at RMB 44,680/mt (Jan. 8, 2015)

Copper for March delivery on the Shanghai Futures Exchange, the most active contract, started at RMB 44,650/mt in Wednesday’s night session.

Jan 8, 2015 17:56

SMM Comments

SMM Events & Webinars

All

Oct
09
- NET ZERO EUROPE - Solar & Energy Storage Summit
  Oct 09 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Oct
08
- 2nd Li-ion Battery Europe 2024
  Oct 08 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Jun
24
- 2024 Global Renewable Metal Industry Chain Summit
  Jun 24 - 25,2024
  To foster international cooperation and dialogue among industry colleagues
  Kuala Lumpur , Malaysia

SHFE Copper Ended Up RMB 590/mt (Sept. 30, 2015)

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit