SHFE Copper Trades down 1.18% (Oct. 19, 2015)

Published: Oct 19, 2015 17:15

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SHFE 1512 copper opening at RMB 39,560/mt last Friday evening and then moved tightly, to end at RMB 39,720/mt.

SHANGHAI, Oct. 19 (SMM) – SHFE 1512 copper opening at RMB 39,560/mt last Friday evening and then moved tightly, to end at RMB 39,720/mt, down RMB 130/mt or 0.33%. Trading volumes were around 160,000 lots and positions dropped 2,634.

SHFE copper moved below the moving average on Monday due to the poor reading of China’s GDP and dipped to RMB 39,250/mt before ending at RMB 39,380/mt, down 470/mt or 1.18%. Trading volumes grew modestly by 5,744 lots and positions edged up 3,044.

SHFE copper prices

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