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SHFE Copper Trades down (Jun. 13, 2016)
SHANGHAI, Jun. 13 (SMM) – On Monday, SHFE 1608 copper started lower at RMB 34,880/mt and once advanced to RMB 35,540/mt answering to softer dollar. The red metal finally closed at RMB 35,250/mt, off RMB 20/mt or 0.06%. Positions were down 34,186. Positions of all SHFE copper contracts fell 49,056 to 730,000 with trading volumes at 470,000 lots.
SHFE Copper Trades down (Jun. 13, 2016)
SHANGHAI, Jun. 13 (SMM) – On Monday, SHFE 1608 copper started lower at RMB 34,880/mt and once advanced to RMB 35,540/mt answering to softer dollar. The red metal finally closed at RMB 35,250/mt, off RMB 20/mt or 0.06%. Positions were down 34,186. Positions of all SHFE copper contracts fell 49,056 to 730,000 with trading volumes at 470,000 lots.
