Home / Metal News / Tin / Shanghai Spot Copper Price Movement on May 8
Shanghai Spot Copper Price Movement on May 8
May 8,2012 13:05CST
smm insight
Source:SMM
Quotations for spot copper premiums were between positive RMB 40-80/mt in Shanghai in the morning business.

SHANGHAI, May 8 (SMM) – Quotations for spot copper premiums were between positive RMB 40-80/mt in Shanghai in the morning business. Traded prices for standard-quality copper were between RMB 57,980-58,030/mt, and RMB 58,020-58,080/mt for high-quality copper. As SHFE copper prices rebounded marginally, increases in spot copper premiums were restricted. Some cargo-holders quoted firm prices as copper prices exhibited resilience. Spot copper supply remained stable, but market activity failed to improve.

 

Shanghai spot copper prices

For queries, please contact Frank LIU at liuxiaolei@smm.cn

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