Shanghai copper prices rises but demand still weak
May 08, 2012 | 05:00 AM
|
Copper prices on the Shanghai Futures Exchange rose slightly on Tuesday May 8 after Monday’s losses, but weak demand in China, the world’s largest copper consumer, was expected to keep prices under pressure.
The SHFE August copper contract settled at 57,840 yuan ($9,150) per tonne, up by 310 yuan from Monday. Contract trading volumes fell from 1,164 lots to 314,114 lots today.
“Today’s price increase is....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here