Spot Copper Offered at Premiums of RMB 100-150/mt in Shanghai (2015-4-29)

Published: Apr 29, 2015 22:58
Spot copper quoted at premiums of RMB 100-150/mt in Shanghai Wednesday.

SHANGHAI, Apr. 29 (SMM) – Spot copper quoted at premiums of RMB 100-150/mt in Shanghai Wednesday. Standard-quality copper traded at RMB 44,120-44,160/mt, and high-quality copper sold for RMB 44,140-44,200/mt.

Supply was ample in spot copper market, and dealers rarely entered the market. Downstream buyers seldom purchased due to tight cash.  

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