Spot Copper Offered at Discounts of RMB 100-220/mt in Shanghai (Feb. 11, 2015)

Feb 11, 2015 18:18

Source:SMM

Spot discounts in Shanghai market expanded to RMB 100-180/mt early Wednesday.

SHANGHAI, Feb. 11 (SMM) – Spot discounts in Shanghai market expanded to RMB 100-180/mt early Wednesday. Traded prices were RMB 40,900-41,020/mt for standard-quality copper and RMB 40,980-41,100/mt for high-quality copper. Goods holders quoted at discounts of RMB 100-180/mt to SHFE 1503 copper contact, but trades were seldom made. As result, spot discounts widened, with hydro-copper offered at a discount of RMB 300/mt.

spot copper prices

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Spot Copper Offered at Discounts of RMB 100-220/mt in Shanghai (Feb. 11, 2015)

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