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Home / Metal News / SHFE Copper Trades down 1.18% (Oct. 19, 2015)

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

Oct 19, 2015 17:15

Source:SMM

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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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

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

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