SHFE Copper Closes Down (Jul. 6 , 2016)

Published: Jul 6, 2016 17:09
Last night, SHFE 1609 copper opened at RMB 37,760/mt and sank to RMB 36,950/mt. The contract ended at RMB 37,310/mt.

SHANGHAI, Jul. 6 (SMM) – Last night, SHFE 1609 copper opened at RMB 37,760/mt and sank to RMB 36,950/mt. The contract ended at RMB 37,310/mt, slipping RMB 570/mt. Positions were down 1,866. 

On Wednesday, SHFE 1609 copper started at RMB 37,290/mt and advanced to RMB 37,600/mt. The contract finally closed at RMB 37,380/mt, down RMB 500/mt. Positions were down 19,506. Positions of all SHFE copper contracts dropped 29,190 to 610,000 with trading volumes at 710,000 lots.  


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