Metals News
Spot Copper Price Movement (2013-1-7)
smm insight
05:42PM
Jan 7,2013
Source:SMM

SHANGHAI, Jan. 7 (SMM) – Shanghai spot copper discounts were negative RMB 70-150/mt in on Monday. Traded prices were between RMB 57,470-57,550/mt for standard-quality copper, and RMB 57,520-57,650/mt for high-quality copper. Cargo holders were unwilling to move goods at low prices, causing spot discounts over the most active SHFE copper contract price to narrow. As downstream buyers rarely replenished stocks, most transactions were done by traders.
 

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
Related Price

No Data