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

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

iconMay 14, 2015 17:47
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
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All