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.