SHFE Market Movement (2017-05-08)

Published: May 8, 2017 15:10
The following table is base metals movement on the SHFE market on May.8 2017.
SHANGHAI,May.8 (SMM) - The following table is base metals movement on the SHFE market on May.8 2017.
                      
Contract Open High Low Close Settle Ch1 Ch2 Volume Position Change
Al1705 13880 13930 13620 13660 13735 -220 -145 15090 53160 -4160
Al1706 13935 14025 13650 13695 13820 -230 -105 313692 223864 -4984
Al1707 14010 14085 13725 13770 13885 -240 -125 228992 233804 16662
Al1708 14035 14145 13800 13840 13935 -240 -145 62640 83662 6352
Cu1705 45000 45460 44650 44650 44910 -420 -160 31010 37980 -6310
Cu1706 45000 45550 44650 44670 45080 -340 70 267810 183304 -4526
Cu1707 45010 45570 44650 44700 45050 -350 0 226734 195984 14082
Cu1708 45080 45610 44700 44710 45110 -410 -10 54686 87474 3676
Zn1705 21630 21905 21475 21770 21660 75 -35 10080 19140 -3600
Zn1706 21390 21665 21200 21470 21430 5 -35 709802 229108 -9958
Zn1707 21220 21490 20970 21230 21220 -80 -90 381874 260160 18004
Zn1708 21050 21350 20820 21060 21050 -135 -145 69810 76924 8756
Pb1706 16050 16185 15805 16050 15995 -40 -95 74984 49714 406
Pb1707 16050 16275 15900 16125 16080 -60 -105 74984 21570 1010
Ni1706 75100 75160 74290 74500 74590 540 630 26 310 -2
Ni1707 75340 75340 74710 75130 74970 870 710 42 194 -4
Sn1705 139250 139540 138050 138400 138840 -1150 -710 172 3724 -52
Note:
1. Unit for offers: RMB/mt
2. Unit for trade: 5 mt/lot
3. Unit for trading volumes, positions, and changes in positions is lot.
4. Ch1 = Close - Previous Settle; ch2 = Settle - Previous Settle

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

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Operating Rate of SMM Scrap-Derived Copper Anode Producers 58.81%
14 hours ago
Operating Rate of SMM Scrap-Derived Copper Anode Producers 58.81%
Read More
Operating Rate of SMM Scrap-Derived Copper Anode Producers 58.81%
Operating Rate of SMM Scrap-Derived Copper Anode Producers 58.81%
[SMM Copper Anode] After the holiday, scrap-derived copper anode producers in China had all resumed normal operations. From March 6 to March 12, the operating rate of SMM scrap-derived copper anode producers was 58.81%, up 10.43 percentage points MoM. As the price difference between primary metal and scrap narrowed and copper anode RCs remained high, the operating rate is expected to fall to 58.72% next week.
14 hours ago
Yukun Materials' Phase II Recycled Copper Ingot Project Nears Completion, Aims for 100,000 Tons Annual Capacity
16 hours ago
Yukun Materials' Phase II Recycled Copper Ingot Project Nears Completion, Aims for 100,000 Tons Annual Capacity
Read More
Yukun Materials' Phase II Recycled Copper Ingot Project Nears Completion, Aims for 100,000 Tons Annual Capacity
Yukun Materials' Phase II Recycled Copper Ingot Project Nears Completion, Aims for 100,000 Tons Annual Capacity
At the Phase II construction site of Yukun Materials Technology Co., Ltd.'s recycled copper ingot project, it can be seen that the main structure of the plant has been completed. The entire project is expected to be fully finished in the second quarter. With a total investment of 1.08 billion yuan for Phase II, the annual production capacity of recycled copper ingots is projected to reach 100,000 tons once it reaches full operation.
16 hours ago
This Week, the Operating Rate of the Enamelled Wire Industry Rebounded to 85.13%
16 hours ago
This Week, the Operating Rate of the Enamelled Wire Industry Rebounded to 85.13%
Read More
This Week, the Operating Rate of the Enamelled Wire Industry Rebounded to 85.13%
This Week, the Operating Rate of the Enamelled Wire Industry Rebounded to 85.13%
Supported by ample earlier orders and full production schedules, the operating rate of the enamelled wire industry rose 4.06 percentage points WoW to 85.13% this week. According to enterprise feedback, new orders underperformed expectations this week. Affected by downstream wait-and-see sentiment amid falling prices, enterprises were relatively cautious in placing orders, and new orders increased by only 0.11 percentage points.
16 hours ago