Spot Premiums Remain at RMB 10-90/mt in Shanghai Copper Market (May 14, 2015)

Published: May 14, 2015 17:47

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Spot copper was still offered at premiums of 10-90/mt to SHFE 1505 copper contract in Shanghai Thursday morning.

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.

spot copper prices

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