Home / Metal News / SHFE Copper Closes Up (Jun. 30 , 2016)

SHFE Copper Closes Up (Jun. 30 , 2016)

iconJun 30, 2016 17:25
Last night, SHFE 1609 copper opened higher at RMB 37,250/mt.

SHANGHAI, Jun. 30  (SMM) – Last night, SHFE 1609 copper opened higher at RMB 37,250/mt and dipped to RMB 37,080/mt. The contract bounced back to RMB 37,450/mt and ended at RMB 37,330/mt, up RMB 70/mt. Positions were down 4,080. 

On Thursday, SHFE 1609 copper started at RMB 37,310/mt and climbed to RMB 37,260/mt after dipped to RMB 37,260/mt. The contract finally closed at RMB 37,530/mt, up RMB 270/mt. Positions were down 846. Positions of all SHFE copper contracts dropped 15,624 to 630,000 with trading volumes at 600,000 lots.  

SHFE 1609 copper may fall back tonight.

 

 


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

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

Related news