Spot Copper Offered at Premiums of RMB 90-150/mt in Shanghai Market (Apr. 28, 2015)

Published: Apr 28, 2015 17:53 (GMT+8)

Save

Spot premiums in the Shanghai copper market were RMB 90-150/mt Tuesday morning.

SHANGHAI, Apr. 28 (SMM) – Spot premiums in the Shanghai copper market were RMB 90-150/mt Tuesday morning. Prices remained at RMB 43,980-44,180/mt for standard-quality copper and RMB 44,000-44,200/mt for high-quality copper.

Some cargo holders rushed to sell in the morning and cut prices, driving down spot premiums, especially those for high-quality copper, but transactions were limited. As SHFE copper slipped more than RMB 250/mt around the midday, some buyers entered the market, improving spot trades. Downstream producers purchased more at RMB 44,000/mt.

spot copper prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

14 hours ago

Data: SHFE, DCE market movement (Oct 12)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 12 Oct , 2026

14 hours ago

15 hours ago

[SMM Nickel Flash News] Indonesia Update — October 12, 2026

Indonesian nickel ore prices remained unchanged on October 12, 1.2% Ni limonite: $25.5/wmt, unchanged 1.3% Ni limonite: $27.5/wmt, unchanged 1.4% Ni saprolite: $48.7/wmt, unchanged 1.5% Ni saprolite: $54.2/wmt, unchanged 1.6% Ni saprolite: $59.0/wmt, unchanged Market outlook: Despite stable spot assessments, upstream sentiment remains weak amid additional RKAB quota releases, lower nickel HMA and HPM benchmarks, and negative premiums for mainstream saprolite. Cautious smelter procurement may continue to pressure ore prices.

15 hours ago

16 hours ago

[SMM Stainless Steel Flash] Asian stainless trade stays thin after holidays as cheap imports weigh on Korea

Asian stainless trading was thin in early October with only three working days. In South Korea, imported 304 CR is now priced below domestic 304 HR, pressuring local offers as buyers purchase only as needed. Chinese sentiment weakened on softer nickel, while Asian export offers held steady on Indonesian-driven raw material costs.

16 hours ago