Metals News
SHFE Copper Strengthens (2017-6-8)
price review forecast
04:49PM
Jun 8,2017
Source:SMM

SHANGHAI, Jun. 8 (SMM) – On Thursday, SHFE 1708 copper opened at RMB 45,060/mt and then slid to RMB 44,940/mt. Later, the contract started rising, up to as high as RMB 45,360/mt, and closed at RMB 45,260/mt with big gains. Positions reduced 4,762 to 219,000 and trading volumes fell 68,000 lots.

SHFE 1708 copper will challenge resistance at the 20-day moving average on Thursday’s night trading.

SHFE copper
LME copper
copper prices
For queries, please contact Frank LIU at liuxiaolei@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
Related Price

No Data