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Home / Metal News / SHFE Copper Finishes Lower (2017-4-13)

SHFE Copper Finishes Lower (2017-4-13)

Apr 13, 2017 17:18

Source:SMM

SHFE 1706 copper opened lower at RMB 45,700/mt and closed at RMB 46,480/mt, down RMB 150/mt.

SHANGHAI, Apr. 13 (SMM) – On Thursday, SHFE 1706 copper opened lower at RMB 45,700/mt and then climbed to the moving average with positions opening by longs. During the afternoon trading, the contract regained Wednesday night’s lost ground to RMB 46,550/mt and closed at RMB 46,480/mt, down RMB 150/mt. Trading volumes increased 63,724 to 511,384 lots and positions rose 4,278 to 229,726. SHFE 1706 copper rallied from lows on Thursday.

The contract will fluctuate at lows on Thursday’s night trading, waiting for market direction.

SHFE copper

LME copper

copper prices

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SHFE 1710 copper opened at RMB 51,670/mt and closed at RMB 51,560/mt, down RMB 190/mt.

Aug 23, 2017 17:17

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SHFE 1710 copper opened at RMB 50,200/mt and ended at RMB 50,330/mt, up RMB 50/mt.

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LME copper will rise to USD 6,225-6,275/mt on Wednesday and SHFE 1709 copper will advance to RMB 49,300-49,800/mt

Jul 26, 2017 09:36

SMM Comments

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SHFE 1709 copper opened at RMB 47,960/mt and closed at RMB 48,560/mt, up RMB 670/mt.

Jul 25, 2017 17:49

SMM Comments

SHFE Copper Closes with Big Gains (2017-7-25)

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LME copper will trade at USD 5,990-6,030/mt on Tuesday and SHFE 1709 copper will fluctuate between RMB 47,650-48,050/mt.

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SMM Comments

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SHFE Copper Finishes Lower (2017-4-13)

SMM Events & Webinars

2024 （13TH）SMM METAL INDUSTRY ANNUAL CONFERENCE

2024 GLOBAL BATTERY RECYCLING CONFERENCE

APAC TIN INDUSTRY CONFERENCE 2024