Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / SHFE Copper Closes Down (Jul. 8 , 2016)

SHFE Copper Closes Down (Jul. 8 , 2016)

Jul 8, 2016 17:05

Source:SMM

Last night, SHFE 1609 copper opened lower at RMB 36,960/mt and rallied to RMB 37,100/mt with entering of longs.

SHANGHAI, Jul. 8 (SMM) – Last night, SHFE 1609 copper opened lower at RMB 36,960/mt and rallied to RMB 37,100/mt with entering of longs. The contract sank to RMB 36,460/mt and ended at RMB 36,580/mt, slipping RMB 470/mt. Positions were up 13,500.

On Friday, SHFE 1609 copper started at RMB 36,600/mt and advanced to RMB 36,700/mt. The contract dipped to RMB 36,450/mt and finally closed at RMB 36,620/mt, down RMB 430/mt. Positions were down 6,044. Positions of all SHFE copper contracts dropped 72 to 590,000 with trading volumes at 590,000 lots.

SHFE 1609 copper should fluctuate around RMB 36,700/mt tonight.

SHFE copper prices

For queries, please contact William Gu at williamgu@smm.cn

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

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

SMM Comments

SMM Events & Webinars

All

Apr
09
- NET ZERO MEA - Solar & Energy Storage
  Apr 09 - 10,2025
  MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
Apr
09
- 2025 SMM (20th) Lead & Zinc Conference and Industry Expo
  Apr 09 - 11,2025
  To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange p
  Nanjing · Jiangsu ·China
Apr
16
- CLNB 2025 (10th) China International New Energy Industry Expo
  Apr 16 - 18,2025
  Suzhou International Expo Center, Jiangsu, China

SHFE Copper Closes Down (Jul. 8 , 2016)

SMM Events & Webinars

NET ZERO MEA - Solar & Energy Storage

2025 SMM (20th) Lead & Zinc Conference and Industry Expo

CLNB 2025 (10th) China International New Energy Industry Expo