Price Spread Between SHFE and BC Copper 2507 Contracts Widens on June 18

Published: Jun 18, 2025 15:56

Save

On June 18, the SHFE copper 2507 contract closed at 78,860 yuan/mt. If calculated based on the BC copper 2507 contract price of 70,150 yuan/mt, its after-tax price would be approximately 79,270 yuan/mt. The price spread between the SHFE copper 2507 contract and the BC copper 2507 contract was -410 yuan/mt, with the spread remaining inverted and widening compared to the previous day.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

17 mins ago

Domestic Sales Growth of Household Air Conditioners Offset Export Decline in March

In March 2026, China's cumulative household air conditioner production reached 24.034 million units, down 3.3% YoY; sales totaled 23.934 million units, down 1.7% YoY; exports were 10.436 million units, down 9.8% YoY; and domestic sales were 13.498 million units, up 5.6% YoY. As the key closing period of Q1, March saw sluggish end-use market demand drag down production performance. However, the resilience of domestic sales effectively offset the pressure from declining exports, serving as a pillar supporting the industry's stable operation.

17 mins ago

20 mins ago

Copper Prices Weakened as Downstream Maintained a Wait-and-See Stance, Spot Premiums Under Pressure [SMM North China Spot Copper]

Today, #1 copper cathode spot prices in North China against the front-month contract were reported at a discount of 200 yuan/mt to a discount of 120 yuan/mt, with an average discount of 160 yuan/mt, down 10 yuan/mt from the previous trading day. The average transaction price was 101,850 yuan/mt, down 990 yuan/mt from the previous trading day.

20 mins ago

1 hour ago

Copper Prices Declined, Suppliers Held Prices Firm but Purchase Willingness Was Poor, Overall Trading Was Weak [SMM South China Spot Copper]

1 hour ago