SHFE Copper Finished Lower (2017-6-16)-Shanghai Metals Market

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SHFE Copper Finished Lower (2017-6-16)

Price Review & Forecast 06:48:23PM Jun 16, 2017 Source:SMM

SHANGHAI, Jun. 16 (SMM) – On Friday, SHFE 1708 copper started at RMB 45,520/mt and then climbed to RMB 45,800/mt. The contract later fluctuated and ended at RMB 45,490/mt, down RMB 160/mt. Positions reduced 4,430 to 204,000 and trading volumes dropped 18,430 to 202,000 lots.

SHFE 1708 copper will keep fluctuating at current level for the foreseeable future.

Key Words:  SHFE copper  LME copper  copper prices 

SHFE Copper Finished Lower (2017-6-16)

Price Review & Forecast 06:48:23PM Jun 16, 2017 Source:SMM

SHANGHAI, Jun. 16 (SMM) – On Friday, SHFE 1708 copper started at RMB 45,520/mt and then climbed to RMB 45,800/mt. The contract later fluctuated and ended at RMB 45,490/mt, down RMB 160/mt. Positions reduced 4,430 to 204,000 and trading volumes dropped 18,430 to 202,000 lots.

SHFE 1708 copper will keep fluctuating at current level for the foreseeable future.

Key Words:  SHFE copper  LME copper  copper prices