SHANGHAI, Oct. 8 (SMM) – LME copper gained over USD 160/mt during China’s National Day holiday. SHFE 1512 copper opened Thursday trading session at RMB 39,340/mt and then moved around RMB 39,200/mt. Later, the red metal dived to RMB 38,880/mt due to exit of shorts before closing at RMB 38,920/mt, up by RMB 840/mt or 2.21%. Positions were up 11,542 to 247,616 with trading volumes of 196,000 lots. SHFE 1511copper saw positions down 15,496.