Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

New Energy

Solar Lithium Cobalt Ternary Precursor and Material Anode Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Consulting

Home / Metal News / SHFE Copper Move Higher (2017-7-21)

SHFE Copper Move Higher (2017-7-21)

Jul 21, 2017 19:35

Source:SMM

SHFE 1709 copper opened at RMB 47,750/mt and closed at RMB 48,000/mt, up RMB 250/mt.

SHANGHAIM, Jul. 21 (SMM) – On Friday, SHFE 1709 copper opened at RMB 47,750/mt and then dropped slightly to RMB 47,680/mt. The contract later rallied to RMB 47,780/mt. During the afternoon trading, SHFE 1709 copper broke through RMB 48,000/mt to RMB 48,110/mt, the weekly highest level, as positions of all SHFE copper contracts rose about 20,000. The contract rallied after falling at the tail of trading and closed at RMB 48,000/mt, up RMB 250/mt. Positions increased 3,186 to 619,000 and trading volumes rose 42,604 to 242,000 lots. Positions of all SHFE copper contracts increased 9,784 to 619,000.

SHFE 1709 copper will remain in upward track on Friday’s night trading. SHFE copper inventory reduced 8,858 mt this week.

SHFE copper

LME copper

copper prices

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

Copper Prices to Move Rangebound

The Federal Reserve announced to accelerate the tapering of bond purchases at its interest rate meeting last week.

time

Dec 20, 2021 16:15

Copper Prices to Move Rangebound

Copper Prices to Edge up amid Low Inventory

The October CPI in the US due last week increased by 6.2% year-on-year, the biggest increase in 31 years, and up 0.9% month-on-month, the largest gain in four months.

time

Nov 15, 2021 14:47

Copper Prices to Edge up amid Low Inventory

Key Copper Companies Issued Good Earnings Reports for Third Quarter on Higher Copper Prices

Since the beginning of this year, the copper prices have continued to rise, reaching the highest level since May 2006 in May. The high copper prices have made relevant companies profitable.

time

Nov 4, 2021 17:32

Key Copper Companies Issued Good Earnings Reports for Third Quarter on Higher Copper Prices

SHFE Copper Finishes with Losses (2017-1-6)

SHFE 1703 copper opened at RMB 45,300/mt and finally closed at RMB 45,350/mt, down RMB 500/mt.

time

Jan 6, 2017 21:29

SHFE Copper Finishes with Losses (2017-1-6)

LME Copper to See Range-Bound Trading (2017-1-5)

LME copper is expected to move at USD 5,550-5,650/mt during Asian trading hours on Thursday and SHFE 1703 copper will move at RMB 45,500-46,100/mt.

time

Jan 5, 2017 10:06

LME Copper to See Range-Bound Trading (2017-1-5)

LME Copper to See Range-Bound Trading (2016-12-22)

LME copper is expected to range between USD 5,480-5,540/mt during Asian trading hours on Thursday and SHFE 1702 copper will move at RMB 44,900-45,350/mt.

time

Dec 22, 2016 09:57

LME Copper to See Range-Bound Trading (2016-12-22)

SHFE Copper to Strengthen (2016-12-6)

LME copper is predicted to range between USD 5,880-5,980/mt during Asian trading hours on Tuesday and SHFE 1702 copper will move at RMB 47,900-48,800/mt.

time

Dec 6, 2016 09:50

LME Copper to See Range-Bound Trading (2016-12-5)

LME copper is expected to range between USD 5,730-5,800/mt during Asian trading hours on Monday and SHFE 1702 copper will move at RMB 46,200-46,950/mt.

time

Dec 5, 2016 10:17

SHFE Copper Finishes with Gains (2016-12-1)

SHFE 1702 copper opened at RMB 47,160/mt and finally closed at RMB 47,060/mt, up RMB 840/mt.

time

Dec 1, 2016 17:07

LME Copper to See Rang-Bound Trading (2016-11-28)

LME copper is expected to move at USD 5,880-5,960/mt during Asian trading hours on Monday and SHFE 1701 copper will range between RMB 48,000-48,850/mt.

time

Nov 28, 2016 09:51

SMM Events & Webinars

Oct
09
- NET ZERO EUROPE - Solar & Energy Storage Summit
  Oct 09 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Oct
08
- 2nd Li-ion Battery Europe 2024
  Oct 08 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Jun
24
- 2024 Global Renewable Metal Industry Chain Summit
  Jun 24 - 25,2024
  To foster international cooperation and dialogue among industry colleagues
  Kuala Lumpur , Malaysia

MOST POPULAR

1.NEV Magnet Wire Industry Opportunity Discovery

2.Copper Substitution Market Study-Consumer Durables

3.Copper Substitution Market Study-Construction

4.Copper Substitution Market Study-Power Distribution

5.Copper Substitution Market Study-Power Transmission

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.