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Home / Metal News / SHFE Copper Closes Up (Jun. 28 , 2016)

SHFE Copper Closes Up (Jun. 28 , 2016)

Jun 28, 2016 17:38

Source:SMM

Last night, SHFE 1608 copper opened lower at RMB 36,520/mt and advanced to RMB 36,700/mt.

SHANGHAI, Jun. 28 (SMM) – Last night, SHFE 1608 copper opened lower at RMB 36,520/mt and advanced to RMB 36,700/mt. The contract ended at RMB 36,520/mt, up RMB 120/mt. Positions were down 1,228.

On Tuesday, SHFE 1608 copper started lower at RMB 36,560/mt and sank to RMB 36,430/mt. The contract rallied to RMB 37,250/mt and finally closed at RMB 37,190/mt, up RMB 440/mt. Positions were down 12,910. Positions of all SHFE copper contracts grew 15,328 to 640,000 with trading volumes at 740,000 lots. Positions were up 23,398 for SHFE 1609 copper.

SHFE copper prices

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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.

Oct 19, 2015 17:15

SMM Comments

SMM Copper Market Morning Review (2015-10-19)

LME copper touched a low of USD 5,232/mt during European and US trading hours last Friday due to firmer dollar, to end down USD 54/mt at USD 5,272/mt.

Oct 19, 2015 09:36

SMM Comments

SMM Copper Market Daily Review (2015-10-16)

SHFE 1512 copper lurched down to RMB 39,690/mt answering to crude oil prices and dollar after opening at RMB 39,990/mt Thursday evening.

Oct 19, 2015 09:29

SMM Comments

SHFE Copper Finishes up 0.78% (Oct. 15, 2015)

SHFE 1512 copper opened higher at RMB 39,750/mt for night trading Wednesday in response to LME copper.

Oct 15, 2015 16:37

SMM Comments

[Cu Price]SHFE Copper Falls RMB 470/mt (Jul. 23, 2015)

During Wednesday evening session, LME copper ended down 1.78%. SHFE copper started at RMB 39,150/mt and ended down RMB 600/mt or 1.51%.

Jul 23, 2015 17:35

SMM Comments

SHFE 1508 Copper Falls by RMB 100/mt (Jun. 19, 2015)

August-delivery SHFE copper contract was dragged down by a 6.5% slump in Chinese shares, but found support at RMB 41,800/mt.

Jun 19, 2015 17:47

SMM Comments

SHFE 1508 Copper Falls by RMB 370/mt (Jun. 16, 2015)

August-delivery SHFE copper contract stabilized during daytime trading Tuesday but was still under resistance from RMB 42,380/mt.

Jun 16, 2015 15:38

SMM Comments

SMM Base Metals Market Daily Review (2015-6-10)

SHFE 1508 copper contract prices started at RMB 43,320/mt for Tuesday’s night session and followed LME copper up to RMB 43,520/mt but met resistance at this level.

Jun 11, 2015 10:12

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

SHFE Copper Ends Down RMB 540/mt at RMB 45,080/mt (Jan. 5, 2015)

The most active SHFE 1503 copper contract started Monday at RMB 45,500/mt and followed LME copper down to RMB 45,200/mt by the midday.

Jan 5, 2015 15:38

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SHFE Copper Closes Up (Jun. 28 , 2016)

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