Download our mobile app to 
your devices
Android devicesiOS devices
FREE TRIALCompliance CentreAbout UsContact Us
English
English中文
MarketsNews
Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
Ferrous Metals
Iron Ore IndexIron Ore PriceFinished SteelCokeCoalPig IronSilicon Steel
New Energy
New Energy
SolarLithiumCobaltTernary Precursor and MaterialAnode MaterialsChemical CompoundLithium-ion BatteryUsed Lithium-ion BatterySodium-ion BatteryHydrogen EnergyEnergy Storage
DashboardDatabaseProReportsEventsConsulting
Home / Metal News / SMM Weekly Review on Scrap Copper Imports (Oct.8-12)

SMM Weekly Review on Scrap Copper Imports (Oct.8-12)

iconOct 16, 2012 15:05
Source:SMM
As the SHFE/LME copper price ratio moved slightly higher to around 7.23, losses on imported scrap copper eased to RMB 2,200-2,600/mt.

SHANGHAI, Oct. 16 (SMM) –Since copper futures prices kept lurching narrowly, post-holiday scrap copper discounts remained unchanged. CIF quotations for bare bright copper were US 10¢/lb below Comex copper for December delivery, US 24¢/lb below #1 scrap copper, and US 34¢/lb below #2 scrap copper. Downstream orders were not seen to improve noticeably post-holiday, but as the SHFE/LME copper price ratio moved slightly higher to around 7.23, losses on imported scrap copper eased to RMB 2,200-2,600/mt.
 

scrap copper imports
scrap copper losses

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

SMM Events & Webinars

All
MOST POPULAR
1.NEV Magnet Wire Industry Opportunity Discovery
2.Copper Substitution Market Study-Consumer Durables
3.Copper Substitution Market Study-Construction
4.Copper Substitution Market Study-Power Distribution
5.Copper Substitution Market Study-Power Transmission
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemap
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.