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Home / Metal News / SHFE Copper Finishes Lower (2017-8-23)

SHFE Copper Finishes Lower (2017-8-23)

Aug 23, 2017 17:17

Source:SMM

SHFE 1710 copper opened at RMB 51,670/mt and closed at RMB 51,560/mt, down RMB 190/mt.

SHANGHAI, Aug. 23 (SMM) – On Wednesday, SHFE 1710 copper opened at RMB 51,670/mt and then dropped to RMB 51,310/mt. Later, the contract rallied to RMB 51,720/mt briefly and fell again to RMB 51,560/mt. SHFE 1710 copper closed at RMB 51,560/mt, down RMB 190/mt. Positions were down 16,086 to 218,000 and trading volumes reduced 54,434 to 331,000 lots. Positions of all SHFE copper contracts decreased 20,866 to 701,000.

COMEX Copper Inventories (2017-8-22)

SHFE 1710 copper will remain in downward track on Wednesday’s night trading.

SHFE copper

LME copper

copper prices

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Nov 15, 2021 14:47

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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.

Nov 4, 2021 17:32

Analysis

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

SHFE Copper to Underperform LME Copper (2017-8-24)

Copper market lacks rising momentum, and LME copper will meet resistance at USD 6,600/mt, and SHFE copper will underperform LME copper.

Aug 24, 2017 09:48

SMM Comments

SHFE Copper Closes with Big Gains (2017-7-12)

SHFE 1709 copper opened at RMB 47,330/mt and closed at RMB 47,250/mt, up RMB 410/mt.

Jul 12, 2017 18:16

SMM Comments

SHFE Copper Closes with Big Gains (2017-7-12)

LME Copper to Move Lower (2017-5-4)

LME copper will move at USD 5,560-5,610/mt during Asian trading hours on Thursday and SHFE 1706 copper will move at RMB 45,400-45,800/mt.

May 4, 2017 09:36

SMM Comments

LME Copper to Move Lower (2017-3-13)

LME copper will trade at USD 5,700-5,760/mt on Monday and SHFE 1704 copper will move at RMB 46,800-47,300/mt.

Mar 13, 2017 09:32

SMM Comments

LME Copper to Move Lower (2017-3-10)

LME copper will trade at USD 5,650-5,710/mt on Friday and SHFE 1704 copper will move at RMB 46,000-46,500/mt.

Mar 10, 2017 09:54

SMM Comments

SHFE Copper Closes with Losses (2017-3-9)

SHFE 1705 copper opened at RMB 46,900/mt and closed at RMB 46,570/mt.

Mar 9, 2017 17:15

SMM Comments

SHFE Copper Closes with Losses (2017-3-9)

LME Copper to See Range-Bound Trading (2017-3-3)

LME copper will trade at USD 5,900-5,980/mt on Friday and SHFE 1704 copper will move at RMB 47,900-48,500/mt.

Mar 3, 2017 09:25

SMM Comments

LME Copper to See Range-Bound Trading (2017-3-3)

LME Copper to Stay Firm (2017-3-2)

LME copper will trade at USD 5,960-6,060/mt on Thursday and SHFE 1704 copper will move at RMB 48,500-49,100/mt.

Mar 2, 2017 09:41

SMM Comments

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SHFE Copper Finishes Lower (2017-8-23)

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CLNB 2025 (10th) China International New Energy Industry Expo