Non-ferrous
Non-ferrous
Base Metals
Photovoltaic
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
New Energy
DashboardDatabaseProReportsEventsConsultingSHANGHAI, Apr. 9 (SMM) – Spot premiums in Shanghai copper market continued to expand Thursday to RMB 50-90/mt to SHFE 1504 copper contract. Prices are RMB 43,390-43,460/mt for standard-quality copper and RMB 43,410-43,490/mt for high-quality copper.
Speculators bought on dips with SHFE copper staying weak. Some cargo holders sold goods under warehouse warrants after spot premiums widened. Downstream buyers increased purchases after SHFE copper prices declined, enlivening spot trades.
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