LME Copper Net Longs Fall Sharply Last Week after Growing for 7 Weeks-Shanghai Metals Market

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LME Copper Net Longs Fall Sharply Last Week after Growing for 7 Weeks

Industry News 04:39:23PM Sep 13, 2017 Source:SMM

SHANGHAI, Sept. 13 (SMM) – Net long positions on LME copper held by fund managers decreased noticeably in the week ended September 8 after growing for 7 weeks in a row, according to LME report.

Morgan Stanley: Fundamentals Not Good Enough to Keep Copper Price above $6,600

Net long positions decreased to 71,827 last week, a drop of 8%, after increasing 38.5% in the previous 7 weeks. 

Chile Copper Exports Rise to 6-Month High in July, Escondida Copper Output Jumps

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

Key Words:  LME copper   copper   positions 

LME Copper Net Longs Fall Sharply Last Week after Growing for 7 Weeks

Industry News 04:39:23PM Sep 13, 2017 Source:SMM

SHANGHAI, Sept. 13 (SMM) – Net long positions on LME copper held by fund managers decreased noticeably in the week ended September 8 after growing for 7 weeks in a row, according to LME report.

Morgan Stanley: Fundamentals Not Good Enough to Keep Copper Price above $6,600

Net long positions decreased to 71,827 last week, a drop of 8%, after increasing 38.5% in the previous 7 weeks. 

Chile Copper Exports Rise to 6-Month High in July, Escondida Copper Output Jumps

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

Key Words:  LME copper   copper   positions