Copper prices on the Shanghai Futures Exchange rose during Asian morning trading on Monday, benefiting from supply-side concerns, while the rest of the complex was little changed to stronger.
Check Metal Bulletin’s live futures report here.
| LME snapshot at 03.17am London time | ||
| Latest three-month LME Prices | ||
| Price ($ per tonne) |
Change since last Friday’s close ($) | |
| Copper | 6,927.50 | 31.5 |
| Aluminium | 2,292.50 | -12.5 |
| Lead | 2,450 | 6 |
| Zinc | 3,106 | 5 |
| Tin | 20,695 | -55 |
| Nickel | 15,445 | 0 |
| SHFE snapshot at 10.19am Shanghai time | ||
| Most-traded SHFE contracts | ||
| Price (yuan per tonne) |
Change since last Friday’s close (yuan) | |
| Copper | 51,990 | 510 |
| Aluminium | 14,645 | -5 |
| Zinc | 24,265 | 5 |
| Lead | 19,940 | 100 |
| Tin | 154,280 | -550 |
| Nickel | 117,160 | 1,050 |
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The volatility in global copper stocks this year has benefited trading volumes across both the Chicago Mercantile Exchange and SHFE, while the London Metal Exchange’s inventory has fluctuated widely and dropped to a four-month low this week.
