SHFE Copper Touches an Intra-Day High at RMB 34,080/mt (Nov. 24, 2015)

Published: Nov 24, 2015 15:51

Save

SHFE 1601 copper started Monday night session at RMB 33,590/mt and then refreshed a low at RMB 33,220/mt.

SHANGHAI, Nov. 24 (SMM) – SHFE 1601 copper started Monday night session at RMB 33,590/mt and then refreshed a low at RMB 33,220/mt with closing price down RMB 400/mt at RMB 33,640/mt. Positions were up 3,442 to 308,456 and trading volumes were around 385,000 lots. SHFE 1602 copper still faces selling pressure.

SHFE 1601 copper advanced to RMB 34,080/mt during Tuesday trading session due to short-covering and closed at RMB 33,850/mt, off RMB 190/mt or 0.56%. Positions reduced 25,184 and trading volumes came at 958,000 lots.

SHFE copper prices Cu price copper prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

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

Related News

21 hours ago

[SMM Analysis] Influenced by macro sentiment, MHP and high-grade nickel matte prices declined this week.

Affected by macro sentiment, MHP and high-grade nickel matte prices declined this week.

21 hours ago

[SMM Analysis] The market experienced panic selling this week, and nickel prices plummeted.

21 hours ago

22 hours ago

Data: SHFE, DCE market movement (Feb 06)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 06 Feb , 2026

22 hours ago