Metals News
SHFE Copper Closes Up (Jun. 28 , 2016)
price review forecast
Jun 28,2016

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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