SHANGHAI, Jun. 2 (SMM) – On Friday, SHFE 1708 copper opened lower at RMB 45,360/mt and then fluctuated at around RMB 45,360/mt. The contract closed at RMB 45,380/mt, up RMB 50/mt. Positions rose 9,442 to 205,000 and trading volumes reduced 10,436 to 122,000 lots. Positions of all SHFE copper contracts increased 10,284 to 583,000.
SHFE 1708 copper will register corrections on Friday’s night trading.