SHFE's Cu and Ni prices down, Al rises

The most-traded copper and nickel contracts on the Shanghai Futures Exchange (SHFE) closed lower on week when the daytime trading session ended on June 20, the SHFE's data showed, while the exchange's most-traded aluminum contract recorded a slight on-week increase.

By Friday, the SHFE's most-traded July copper contract had dropped by Yuan 410/tonne ($57.1/t) from the settlement price on June 13, closing the daytime trading session at Yuan 77,990/t. The exchange's most-traded nickel contract – also for July delivery – declined by Yuan 1,750/t during the same period to