Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
New Energy
DashboardDatabaseProReportsEventsCar InsightSHANGHAI, Feb. 6 (SMM) –Shanghai spot copper discounts were reported between negative RMB 350-200/mt in the morning business. Traded prices for standard-quality copper were between RMB 59,500-59,700/mt, and RMB 59,600-59,800/mt for high-quality copper. SHFE copper prices fluctuated at high levels, but cargo-holders had no intention of expanding copper discounts since hedge trading was constrained. Downstream producers stuck to the sidelines, highlighting cautious market activity as a whole on Monday.
For queries, please contact Michael Jiang at michaeljiang@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn