Non-ferrous

Non-ferrous
Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

New Energy
Price CenterDatabaseProReportsEventsCar Insight
SHANGHAI, Mar. 16 (SMM) –Spot copper offers were quoted between premiums of positive RMB 350-260/mt in Shanghai in the morning business. Traded prices for standard-quality copper were between RMB 59,930-60,080/mt, and RMB 59,970-60,170/mt for high-quality copper. SHFE 1204 copper contract prices surged by RMB 400/mt. Spot copper discounts expanded after SHFE 1203 copper contract was delivered, while spot copper supply remained sufficient. Traders bought high-quality copper given large discounts, while downstream producers stood on the sidelines above RMB 60,000/mt.
For queries, please contact Lemon Zhao at lemonzhao@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn