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Home / Metal News / Spot Copper Offered at Premiums of RMB 20-90/mt in Shanghai (May 25, 2015)

Spot Copper Offered at Premiums of RMB 20-90/mt in Shanghai (May 25, 2015)

May 25, 2015 18:32

Source:SMM

Spot copper was still offered at premiums of RMB 20-90/mt to SHFE 1506 copper contract in Shanghai Monday morning.

SHANGHAI, May 25 (SMM) – Spot copper was still offered at premiums of RMB 20-90/mt to SHFE 1506 copper contract in Shanghai Monday morning. Standard-quality copper traded at RMB 44,780-44,820/mt, and high-quality copper sold for RMB 44,800-44,880/mt.

Hedged goods entered the market after SHFE copper tumbled, leaving ample supply in spot copper market. Spot premiums thus narrowed. Traders rarely bought spot goods, leaving trading muted.

spot copper prices

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Spot copper quoted at discounts of RMB 30-70/mt against SHFE 1509 copper in Shanghai on Monday.

Aug 31, 2015 17:41

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SMM Copper Market Daily Review (2015-8-26)

SHFE 1510 copper contract gapped higher at RMB 39,320/mt Tuesday night, and climbed to RMB 39,600/mt before ending the session RMB 39,540/mt.

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SHFE 1510 copper contract gapped higher at RMB 39,020/mt for night trading Thursday.

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Spot Copper Trades at RMB 50-130/mt Premiums in Shanghai (Jan. 21, 2015)

Spot copper was quoted at a RMB 50-130/mt premium to the SHFE 1502 copper contract in Shanghai on Wednesday.

Jan 21, 2015 13:33

SMM Comments

Spot Copper in Shanghai Trades at RMB 40-150/mt Premiums (Jan. 16, 2015)

Spot copper in Shanghai was quoted Friday at a RMB 40-150/mt premium to the SHFE 1502 copper contract.

Jan 16, 2015 13:24

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Copper for March delivery on the Shanghai Futures Exchange, the most active contract, swung by less than RMB 200/mt after starting Tuesday’s night session at RMB 42,300/mt.

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Copper for March delivery on the Shanghai Futures Exchange, the most active contract, dipped to RMB 44,450/mt in Thursday’s night session.

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SMM Comments

Spot Copper in Shanghai Trades at RMB 20-80/mt Premiums (Jan. 6, 2015)

Spot copper in Shanghai was quoted at a RMB 20-80/mt premium to the SHFE 1501 copper contract.

Jan 6, 2015 13:28

SMM Comments

Spot Copper Trading Remains Quiet in Shanghai (Jan. 5, 2015)

Spot copper in Shanghai traded Monday between a RMB 80/mt discount and a RMB 20/mt premium to the SHFE 1501 copper contract.

Jan 5, 2015 13:49

SMM Comments

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Spot Copper Offered at Premiums of RMB 20-90/mt in Shanghai (May 25, 2015)

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