Copying and distributing are prohibited without permission of the publisher

Shanghai copper pares early gains, ends up 0.4%

November 26, 2009 - 08:35 GMT Location: Shanghai

KEYWORDS: SHFE , copper

Copper on the Shanghai Futures Exchange (SHFE) rose 0.4% ($32) on Thursday, after bigger gains earlier in the day were wiped out by nervousness on China's stock markets.

The February contract ended at 54,900 yuan per tonne, up 0.4% from Wednesday’s close, as trading volume fell 16,656 lots to 153,504 lots. “Shanghai copper hit a high of 55,500 yuan in the morning when LME copper broke through $7,000 for the second time this week,” said a trader in Shanghai. But Shanghai's main stock market index shed 3.62% during the...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.

Please log in using your online subscriber details.
Your username will be your registered email address with Metal Bulletin.

If you aren't a subscriber yet, feel free to take a seven day free trial, or subscribe using the instructions below.

A standard subscription include one year's worth of news and prices. You can also upgrade to the full archive and benefit from more than 13 years of intelligence. Start your subscription today.

Free trial

Taking a free trial will give you open access to Metal Bulletin online news, prices, archived content and email alert service for the next seven days. Start your free trial today.

Free trial

Already have an account?

Copper

Feb 3, 2012 21:01 US copper, brass distributors, suppliers outlook improving
Feb 3, 2012 17:28 Technology helps cut coin counterfeiting
Feb 3, 2012 14:49 Base metals prices quiet in LME officials ahead of US payrolls data
Feb 3, 2012 13:30 COMMENT: Glenstrata still has to break the mould
Feb 3, 2012 10:59 SHFE copper up 0.1% week-on-week

Comment & analysis

COMMENT: Glenstrata still has to break the mould

The news that Glencore and Xstrata are in merger talks would only come as a surprise to someone living under a rock, and only then if said rock did not contain any valuable minerals. But now that talks of a tie-up of the world’s largest metals trader and its fourth largest miner have finally moved into the boardroom, hypothetical questions have become real, and the answers are far from certain.
APEX FULL YEAR 2011: Base metal forecasts: astounding accuracy

Astounding upon astounding: that is how the 2011 leaderboard for Apex, the Metal Bulletin service that tracks the performance of over twenty top base metal price forecasters, appears when you consider it coldly.
Raising fees could imperil LME date structure: a broker writes

The London Metal Exchange plans to introduce a fee for client trades from March. The proposal has aroused some opposition, and prompted one broker to write to Metal Bulletin, requesting anonymity. Here he outlines his concerns. How justified are they? Email aharrison@metalbulletin.com, or tweet @aharrison_mb