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Home / Metal News / Spot Copper Offered at Premiums of RMB 80-140/mt in Shanghai Market (Apr. 20, 2015)

Spot Copper Offered at Premiums of RMB 80-140/mt in Shanghai Market (Apr. 20, 2015)

Apr 20, 2015 17:54

Source:SMM

Spot copper was offered at premiums of RMB 80-140/mt to SHFE 1505 copper contract Monday morning.

SHANGHAI, Apr. 20 (SMM) – Spot copper was offered at premiums of RMB 80-140/mt to SHFE 1505 copper contract Monday morning. Prices are RMB 44,040-44,160/mt for standard-quality copper and RMB 44,060-44,200/mt for high-quality copper.

Markets remained cautious towards China’s RRR cut. Some cargo holders offered high premiums, but demand was modest. Later, spot premiums narrowed some, luring traders into buying. Downstream buyers mostly held on the sidelines.

spot copper prices

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SHFE 1601 copper opened lower at RMB 37,500/mt during Tuesday night session.

Nov 12, 2015 08:55

SMM Comments

Shanghai Spot Copper Returns to Premiums of RMB 0-50/mt (Nov. 10, 2015)

In Shanghai market, spot copper traded at premiums of RMB 0-50/mt on Tuesday.

Nov 10, 2015 13:21

SMM Comments

Shanghai Spot Copper Offered at Discounts of RMB 10-60/mt (Nov. 2, 2015)

In Shanghai, spot copper traded at discounts of RMB 10-60/mt on Monday, versus RMB 38,500-38,600/mt for standard-quality copper and RMB 38,520-38,640/mt for high-quality copper.

Nov 2, 2015 19:27

SMM Comments

Ample Supply Depresses Shanghai Spot Copper into Discounts of RMB 20-80/mt (Oct. 29, 2015)

In Shanghai market, spot copper quoted at discounts of RMB 20-80/mt against SHFE 1511 copper on Thursday.

Oct 29, 2015 13:27

SMM Comments

Shanghai Spot Copper Offered at Discounts of RMB 10-60/mt (Oct. 28, 2015)

In Shanghai market, traded prices of spot copper were at discounts of RMB 10-60/mt on Wednesday.

Oct 28, 2015 16:36

SMM Comments

SMM Copper Market Daily Review (2015-10-27)

SHFE 1512 copper opened Monday evening session at RMB 39,120/mt and drifted lower to RMB 38,990/mt.

Oct 28, 2015 08:45

SMM Comments

Shanghai Spot Copper Trades between Discounts of RMB 50/mt and Premiums of RMB 50/mt (Oct. 27, 2015)

In Shanghai, spot copper traded between discounts of RMB 50/mt and premiums of RMB 50/mt on Tuesday.

Oct 27, 2015 13:16

SMM Comments

Trading Picks up in Shanghai Spot Copper Market on Falling Prices (Oct. 20, 2015)

On Tuesday, spot copper traded between discounts of RMB 50/mt and premiums of RMB 10/mt over SHFE 1511 copper in Shanghai.

Oct 20, 2015 15:45

SMM Comments

Trades Stay Quiet in Shanghai Spot Copper Market after Holiday (Oct. 8, 2015)

On Thursday morning, spot copper traded between discounts of RMB 20/mt and premiums of RMB 20/mt in Shanghai due to the growth in SHFE copper.

Oct 8, 2015 15:14

SMM Comments

Spot Copper Quoted at Premiums of RMB 10-90/mt (May 13, 2015)

Spot copper was offered at premiums of 10-90/mt to SHFE 1505 copper contract in Shanghai early Wednesday.

May 13, 2015 17:48

SMM Comments

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Spot Copper Offered at Premiums of RMB 80-140/mt in Shanghai Market (Apr. 20, 2015)

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