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Home / Metal News / Spot Copper Offered at Premiums of RMB 50-100/mt in Shanghai Market (Apr. 30, 2015)

Spot Copper Offered at Premiums of RMB 50-100/mt in Shanghai Market (Apr. 30, 2015)

Apr 30, 2015 17:46

Source:SMM

Spot copper quoted at premiums of RMB 50-100/mt in Shanghai Wednesday morning.

SHANGHAI, Apr. 30 (SMM) – Spot copper quoted at premiums of RMB 50-100/mt in Shanghai Wednesday morning. Standard-quality copper traded at RMB 44,300-44,350/mt, and high-quality copper sold for RMB 44,340-44,400/mt.

Trading activities declined significantly, and some cargo holders intended to deplete inventories on hand before the May Day holiday, and sold at discounts, pushing down spot premiums.

spot copper prices

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SHFE 1512 copper lurched down to RMB 39,690/mt answering to crude oil prices and dollar after opening at RMB 39,990/mt Thursday evening.

Oct 19, 2015 09:29

SMM Comments

SMM Copper Market Daily Review (2015-10-12)

SHFE copper stabilized around RMB 40,050/mt during Monday trading session and shot up to RMB 40,290/mt in the afternoon business.

Oct 13, 2015 09:47

SMM Comments

Spot Copper Transactions Declined following a Rise in Shanghai (Sept. 17, 2015)

Spot copper premiums quoted at premiums of RMB 30-100/mt over SHFE 1510 copper in Shanghai on Thursday.

Sep 17, 2015 14:05

SMM Comments

SMM Copper Market Daily Review (2015-9-15)

For night trading Monday, SHFE 1511 copper started lower at RMB 40,510/mt with LME copper falling below the 5 and 60-day moving averages overnight.

Sep 16, 2015 08:53

SMM Comments

Spot Premiums Narrow to RMB 0-60/mt in Shanghai Copper Market (Jun. 12. 2015)

Spot copper quoted at premiums of RMB 0-60/mt to SHFE 1506 copper contract Friday.

Jun 12, 2015 18:50

SMM Comments

Spot Premiums Narrow to RMB 40-80/mt in Shanghai Copper Market (Jun. 11. 2015)

Spot copper quoted at premiums of RMB 40-80/mt to SHFE 1506 copper contract Thursday.

Jun 11, 2015 18:15

SMM Comments

Spot Premiums Stay at RMB 50-90/mt in Shanghai Copper Market (Jun. 10, 2015)

Spot copper premiums in Shanghai were still at RMB 50-90/mt to SHFE 1506 copper contract Wednesday.

Jun 10, 2015 19:32

SMM Comments

Trades Remain Light in China Copper Market (Jun. 9, 2015)

Spot copper premiums in Shanghai remained at RMB 50-90/mt to SHFE 1506 copper contract Tuesday.

Jun 9, 2015 17:59

SMM Comments

Spot Premiums in Shanghai Copper Market Hold Steady (Jun. 8, 2015)

Spot copper quoted at premiums of RMB 50-90/mt to SHFE 1506 copper contract in Shanghai Monday morning.

Jun 8, 2015 18:20

SMM Comments

Spot Premiums Widen to RMB 40-140/mt in Shanghai Copper Market (May 15, 2015)

Spot copper was still offered at premiums of 40-140/mt to SHFE 1505 copper contract in Shanghai Friday morning.

May 15, 2015 13:44

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Spot Copper Offered at Premiums of RMB 50-100/mt in Shanghai Market (Apr. 30, 2015)

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