Non-ferrous

Non-ferrous
Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

New Energy
Price CenterDatabaseProReportsEventsCar Insight
SHANGHAI, Feb. 1 (SMM) –Shanghai spot copper discounts were quoted between negative RMB 130-250/mt in the morning business. Traded prices for standard-quality copper were between RMB 58,520-58,600/mt, and RMB 58,620-58,700/mt for high-quality copper. As China’s official PMI came in softer than expected, SHFE copper prices fell slightly, which helped copper discounts shrank marginally. Cargo-holders continued moving goods, while downstream producers stepped up purchases following copper price drops. Market transactions thus improved but were still limited.
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