Non-ferrous
Non-ferrous
Base Metals
Photovoltaic
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
New Energy
DashboardDatabaseProReportsEventsConsultingSHANGHAI, May 21 (SMM) – Spot copper was still offered at premiums of RMB 30-110/mt to SHFE 1506 copper contract in Shanghai Friday morning. Standard-quality copper traded at RMB 45,180-45,240/mt, and high-quality copper sold for RMB 45,200-45,280/mt.
Cargo holders were in a rush to sell, driving up spot supply. But both traders and downstream buyers rarely entered the market at the end of the week. Supply of hydro-copper remained tight, though.
For queries, please contact Michael Jiang at michaeljiang@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn