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SHFE copper and nickel prices gain further, aluminum drops

ABSTRACT

The most-traded Chinese copper and nickel contracts on the Shanghai Futures Exchange (SHFE) closed further higher on week when the daytime trading sessions ended on August 5, the exchange's data showed, while the SHFE's most-traded aluminum contract reversed down.
The SHFE's most-traded copper contract for September delivery increased by Yuan 640/tonne ($94.8/t) from the settlement price on July 29, closing at Yuan 60,310/t when the daytime trading session of August 5 ended. Similarly, the nickel contract – also for September delivery – climbed by Yuan 8,270/t from last Friday's

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