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Home / Metal News / SHEF Copper Finishes with Gains (2017-8-9)

SHEF Copper Finishes with Gains (2017-8-9)

Aug 9, 2017 17:31

Source:SMM

SHFE 1710 copper opened at RMB 51,370/mt and closed higher at RMB 51,420/mt.

SHANGHAI, Aug. 9 (SMM) – On Wednesday, SHFE 1710 copper opened at RMB 51,370/mt and then fluctuated at around RMB 51,220/mt. The contract later climbed to RMB 51,460/mt and closed higher at RMB 51,420/mt. Positions increased 20,612, and trading volumes rose 91,812 lots. Positions of all SHFE copper contracts increased 18,704 to 738,000 and trading volumes were up 119,000 to 656,000 lots.

SHFE 1710 copper will have further room to rise.

SHFE copper

LME copper

copper prices

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The copper prices edged lower and moved between 69,000-70,500 yuan/mt last week.

Jan 10, 2022 16:35

Analysis

Copper Prices to Remain at the Current Level with Strong Support

Copper Prices are Under Pressure

SHFE copper prices trended lower last week, with the support at 68,500 yuan/mt for the most active contract. The market has priced in the COVID-19 variant in South Africa.

Dec 6, 2021 15:03

Analysis

What is the Status Quo of Copper Semis Processing Enterprises amid Big Copper Price Volatility and Power Rationing?

China has issued documents recently to control the coal market. The prices of thermal coal, coke and coking coal fell to a one-month low, triggering significant pessimism in the metal market.

Oct 28, 2021 17:41

Analysis

What is the Status Quo of Copper Semis Processing Enterprises amid Big Copper Price Volatility and Power Rationing?

UBS Raises Forecast for International Copper Prices

he investment bank UBS said that copper physical premiums in various places have risen, and copper stocks on global exchanges have fallen, especially in China, according to MiningWeekly.

Oct 26, 2021 16:51

Industry

UBS Raises Forecast for International Copper Prices

JXTG Holdings Lowers Annual Output Target for 2017 at Its Chilean Copper Mine

JXTG Holdings announced to lower copper output target for 2017 at its Caserones copper mine in Chile, as power cut suspended output in May.

Aug 9, 2017 14:49

Industry

JXTG Holdings Lowers Annual Output Target for 2017 at Its Chilean Copper Mine

BHP Billiton Lowers Copper and Coking Coal Production Guidance for 2017

BHP Billiton has cut annual production guidance of copper and coking coal for 2017 due to long-time strike at Chilean Escondida copper mine and bad weather in east Australia.

Apr 26, 2017 10:00

SMM Insight

BHP Billiton Lowers Copper and Coking Coal Production Guidance for 2017

SHFE Copper Finishes with Losses (2017-4-19)

SHFE 1706 copper started at RMB 45,400/mt and closed at RMB 45,840/mt, down RMB 450/mt.

Apr 19, 2017 17:06

SMM Comments

SHFE Copper Finishes with Losses (2017-4-19)

LME Copper to Move Lower (2017-3-14)

LME copper will trade at USD 5,780-5,820/mt on Tuesday and SHFE 1705 copper will move at RMB 47,200-47,700/mt.

Mar 14, 2017 09:36

SMM Comments

SHFE Copper Ends with Losses (2017-3-10)

SHFE 1705 copper started at RMB 46,590/mt and closed at RMB 46,650/mt, down RMB 320/mt.

Mar 10, 2017 19:41

SMM Comments

SHFE Copper Prices down 1.15% (2017-3-8)

SHFE 1705 copper started at RMB 47,270/mt and closed at RMB 47,300/mt, down RMB 550/mt or 1.15%.

Mar 8, 2017 17:54

SMM Comments

SHFE Copper Prices down 1.15% (2017-3-8)

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SHEF Copper Finishes with Gains (2017-8-9)

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