Rolling SHFE price report 25/05: Base metals down in soft trading during UK, US holiday

Welcome to the rolling base metals price report tracking Shanghai Futures Exchange markets on Monday May 25.

The lack of participation from London and a strengthening dollar was weighing on metal prices, the analyst added.

“Chinese participants are more bearish than bullish.”

Chinese copper trade data was mixed, with refined and scrap imports rising from March levels, while copper concentrate imports fell, according to data released by Chinese customs on Friday.   China's refined copper net imports rose 6% month-on-month to 306,000 tonnes in April. China's...

Published

Shivani Singh

May 25, 2015

10:30 GMT

Singapore