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Shanghai Copper slightly up on pre election caution

Metal Recycling News  |  2012-06-14 09:51:52

Shanghai Futures Exchange (SHFE) copper made small gains on Thursday on investor caution ahead of the Greek election on Sunday.

SHANGHAI (Scrap Monster): Shanghai Futures Exchange (SHFE) copper made small gains on Thursday on investor caution ahead of the Greek election on Sunday.

Shanghai Futures Exchange September copper settled at 54,060 yuan ($8,513) per tone, advanced 100 yuan from the previous trading day.

As per a Shanghai analyst, "Copper is struggling to consolidate before the Greek election. The market is expected to remain quiet until the weekend."

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