Copper Prices Rise Amid Volatility, SHFE-BC Contract Spread Narrows to -141 Yuan/Ton

Published: Sep 20, 2024 16:24

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【SMM Flash News】The rising trend of copper prices, characterized by strong volatility, has continued. The Shanghai Futures Exchange (SHFE) Cu 2410 contract closed at 75,840 yuan/ton. Calculated based on the BC copper 2410 contract price of 67,240 yuan/ton, its after-tax price is approximately 75,981 yuan/ton. The price difference between the SHFE Cu 2410 contract and the BC copper 2410 contract is -141 yuan/ton, maintaining an inverted relationship and narrowing compared to the previous trading day.

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