SHFE copper sees more near-term volatility

Dec 16, 2011 | 03:03 AM |

Shanghai Futures Exchange copper settled the week 5.8% lower on lingering European debt woes. SHFE March copper settled at 53,780 yuan ($8,482) per tonne, up 1.0% from Thursday’s settle. Copper held in SHFE official warehouses rose 6,858 tonnes to 79,570 tonnes. Spot copper prices on Changjiang Nonferrous Metals Exchange fell 50 yuan to 54,550-54,650 yuan per tonne on Friday. "The US front....

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