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Tag Archives: SHFE copper prices

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Copper Market Morning Review (2015-1-26)

China’s manufacturing sector remained stagnant in January and companies were forced to cut prices to secure new orders, compounding worries over the country’s deflationary risks. The euro was pummeled by the European Central Bank’s 1 trillion euros bond-buying program, sending ...

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SHFE Copper Finishes Up RMB 20/mt at RMB 44,680/mt (Jan. 8, 2015)

Copper for March delivery on the Shanghai Futures Exchange, the most active contract, started at RMB 44,650/mt in Wednesday’s night session and then rose slightly to close flat at RMB 44,660/mt. During the night session, trading volumes for the SHFE ...

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Base Metals Market Daily Review (2014-12-11)

Copper  Copper for February delivery on the Shanghai Futures Exchange, the most active contract, hovered at RMB 46,160/mt in Wednesday’s night session after starting at RMB 46,120/mt. The price of the SHFE 1502 copper contract then advanced to RMB 46,330/mt, ...

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SHFE Copper Ends down RMB 990/mt at RMB 46,300/mt on Strong Selling (Oct. 17, 2014)

The most active SHFE 1412 copper contract hovered between RMB 46,830-47,210/mt during Thursday’s night session after starting at RMB 47,000/mt, and closed down RMB 540/mt at RMB 47,170/mt. Trading volumes for the most active contract surged to more than 300,000 lots, and ...

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SHFE Copper May Slip Further, Closing Down RMB 460/mt (Sept. 19, 2014)

Dampened by a pullback in LME copper , the most active SHFE 1411 copper contract started Thursday’s night session lower at RMB 48,790/mt, and finished down RMB 430/mt at RMB 48,800/mt. During the night session, trading volumes for the most active contract ...

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SHFE Copper Tracks LME Copper Down 0.32% to RMB 49,110/mt (Sept. 18, 2014)

The most active SHFE 1411 copper contract met resistance at RMB 49,500/mt after starting Wednesday’s night session at RMB 49,290/mt, and closed up RMB 100/mt at RMB 49,370/mt. During the night session, trading volumes for the most active contract totaled some 120,000 ...

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SHFE Copper May Slip Further on Negative Technical Indicators (Sept. 15, 2014)

Copper for November delivery, the most active contract on the Shanghai Futures Exchange, started last Friday’s night session at RMB 48,560/mt, and closed up RMB 370/mt at RMB 48,770/mt. During the night session, trading volumes for the SHFE 1411 copper contract totaled ...

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SHFE Copper Looks Set to Test Support at RMB 48,000/mt on Heavy Selling Pressure (Sept. 11, 2014)

The most active SHFE 1411 copper contract still confronted resistance at RMB 49,100/mt after starting Wednesday’s night session at RMB 48,930/mt. The price of the red metal dipped to RMB 48,740/mt subsequently, and ended up RMB 40/mt at RMB 48,910/mt. During the ...

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SHFE Copper Finishes up RMB 340/mt, Facing Resistance at 10-Day Moving Average (Sept. 5, 2014)

Helped by a rebound in LME copper , the most active SHFE 1411 copper contract started Thursday’s night session higher at RMB 49,810/mt, but later fell to end up RMB 210/mt at RMB 49,700/mt. The price of the red metal met strong ...

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Base Metals Market Daily Review (2014-8-26)

Copper With the lack of guidance from LME copper, SHFE copper hovered in narrow ranges during Monday’s night session. Copper for October delivery, the most active contract on the Shanghai Futures Exchange, dipped to RMB 50,640/mt after starting at RMB ...

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