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SHANGHAI, May 14 (SMM) – Spot copper was still offered at premiums of 10-90/mt to SHFE 1505 copper contract in Shanghai Thursday morning. Standard-quality copper traded at RMB 46,000-46,060/mt, and high-quality copper sold for RMB 46,040-46,100/mt.
Copper supply in spot market remained ample, preventing cargo holders from raising premiums. Trading activities declined further.
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