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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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LME copper will move at USD 5,580-5,630/mt during Asian trading hours on Wednesday and SHFE 1707 copper will move at RMB 45,200-45,600/mt.s

May 17, 2017 09:12

SMM Comments

LME Copper to See Range-Bound Trading (2017-5-17)

SHFE Copper Closes with Losses (2017-5-16)

SHFE 1707 copper opened at RMB 45,380/mt and closed at RMB 45,170/mt.

May 16, 2017 17:50

SMM Comments

SHFE Copper Closes with Losses (2017-5-16)

LME Copper to See Range-Bound Trading (2017-5-16)

LME copper will move at USD 5,565-5,625/mt during Asian trading hours on Tuesday and SHFE 1707 copper will move at RMB 45,200-45,600/mt.

May 16, 2017 09:27

SMM Comments

LME Copper to See Range-Bound Trading (2017-5-16)

LME Copper to Strengthen (2017-5-15)

LME copper will move at USD 5,540-5,585/mt during Asian trading hours on Monday and SHFE 1707 copper will move at RMB 45,000-45,400mt.

May 15, 2017 09:09

SMM Comments

LME Copper to See Rang-Bound Trading (2017-4-28)

LME copper will move at USD 5,690-5,730/mt during Asian trading hours on Friday and SHFE 1706 copper will move at RMB 46,100-46,400/mt.

Apr 28, 2017 09:25

SMM Comments

LME Copper to See Rang-Bound Trading (2017-4-28)

SHFE Copper Finishes Lower (2017-4-13)

SHFE 1706 copper opened lower at RMB 45,700/mt and closed at RMB 46,480/mt, down RMB 150/mt.

Apr 13, 2017 17:18

SMM Comments

SHFE Copper Finishes with Gains (2017-3-20)

SHFE 1705 copper opened at RMB 48,080/mt and closed at RMB 47,980/mt, up RMB/mt.

Mar 20, 2017 17:36

SMM Comments

SHFE Copper Finishes with Gains (2017-3-20)

LME Copper to See Range-Bound Trading (2017-3-17)

LME copper will trade at USD 5,880-5,950/mt on Friday and SHFE 1705 copper will move at RMB 47,800-48,300/mt.

Mar 17, 2017 09:27

SMM Comments

SHFE Copper Finishes Higher (2017-3-16)

SHFE 1705 copper opened at RMB 47,990/mt and closed at RMB 48,160/mt, up RMB 720/mt.

Mar 16, 2017 16:46

SMM Comments

23% Chinese Copper Wire&Cable Producers Bullish toward Copper Prices

An SMM survey of 22 Chinese copper wire&cable producers reveals 23% are bullish toward copper prices, thanks to improved market sentiment.

Jan 4, 2016 14:45

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SHFE Copper Finishes Lower (2017-8-23)

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