SHFE Market Movement (2016-05-31)

Published: May 31, 2016 15:11
The following table is base metals movement on the SHFE market on May 31 2016.
SHANGHAI,May 31 (SMM) - The following table is base metals   movement on the SHFE market on May 31 2016.











ContractOpenHighLowCloseSettleCh1Ch2VolumePositionChange
Al1606125151259512470125001254530751450653042-3738
Al16071232512370122251226012305550148640197334-13442
Al16081216512200120551209512135-2515707801783543538
Al16091203512070119451200012025-30-5309041099744234
Cu1606357003593035630357703577070702943664542-5930
Cu16073581036000356503578035810-1020155694198248-18194
Cu16083578035990356403575035800-203017351232146618778
Cu160935760360103565035820358205050446961295707724
Zn160615000150751488515030150005525818237944-1832
Zn160715060151301492015095150408025193010117952-13170
Zn1608150751516514945151101507575401126281189441546
Zn16091508515180149701513015095754026272329743896
Pb16071283012900127301278512795-40-30442014396262
Pb16081283012875127701279512810-35-2044206904344
Ni1607667306760066730676006694012706102634212
Ni160967400683906720068090678208405706535426672726854
Sn16091075101089801075101086501083806904201291810220-620
Note:
    1. Unit for offers: RMB/mt
    2. Unit for trade: 5 mt/lot
    3. Unit for trading volumes, positions, and changes in positions is   lot.
    4. Ch1 = Close - Previous Settle; ch2 = Settle - Previous Settle


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
Deep-Sea Mining Firms Move Toward Commercial Processing
29 mins ago
Deep-Sea Mining Firms Move Toward Commercial Processing
Read More
Deep-Sea Mining Firms Move Toward Commercial Processing
Deep-Sea Mining Firms Move Toward Commercial Processing
Glomar and Cobalt Blue plan to build a U.S. refinery to process deep-sea polymetallic nodules, including copper, highlighting alternative supply strategies.
29 mins ago
Copper Futures Activity Picks Up with Rising Participation
33 mins ago
Copper Futures Activity Picks Up with Rising Participation
Read More
Copper Futures Activity Picks Up with Rising Participation
Copper Futures Activity Picks Up with Rising Participation
Copper futures trading volumes on COMEX have rebounded to over 73,000 contracts, with open interest slightly increasing, indicating renewed market participation amid ongoing volatility.
33 mins ago
Vale Plans to Increase Mineral Reserve and Resource Volumes; Overnight, Both LME Copper and SHFE Copper Closed Higher [SMM Copper Morning Meeting Summary]
42 mins ago
Vale Plans to Increase Mineral Reserve and Resource Volumes; Overnight, Both LME Copper and SHFE Copper Closed Higher [SMM Copper Morning Meeting Summary]
Read More
Vale Plans to Increase Mineral Reserve and Resource Volumes; Overnight, Both LME Copper and SHFE Copper Closed Higher [SMM Copper Morning Meeting Summary]
Vale Plans to Increase Mineral Reserve and Resource Volumes; Overnight, Both LME Copper and SHFE Copper Closed Higher [SMM Copper Morning Meeting Summary]
SMM Morning Meeting Summary: Overnight, LME copper opened at $12,402.6/mt. In early trading, it fluctuated downward to a low of $12,334.5/mt. Subsequently, the center of copper prices gradually moved higher, rising to $12,482.5/mt near the close, and finally closed at $12,472.6/mt, up 0.73%. Trading volume reached 24,900 lots, and open interest stood at 291,200 lots, down 7,698 lots from the previous trading day, mainly due to bears reducing positions. Overnight, the most-traded SHFE copper 2605 contract opened at 96,300 yuan/mt. In early trading, it fluctuated downward to 96,210 yuan/mt. Subsequently, the center of copper prices fluctuated upward, touching a high of 96,970 yuan/mt near the close, with a gain of 0.45%. Trading volume reached 40,900 lots, and open interest stood at 183,400 lots, down 2,869 lots from the previous trading day, mainly due to bears reducing positions.
42 mins ago
SHFE Market Movement (2016-05-31) - Shanghai Metals Market (SMM)