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

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Home / Metal News / Tin / 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

CST

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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 in China should trade at discounts of RMB 100-180/mt against SHFE 1601 copper with limited cargo holders in market.

Dec 28, 2015 10:04 timezone

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SHFE 1601 copper started at RMB 34,840/mt during Wednesday night session and closed the session down RMB 250/mt or 0.72% at RMB 34,670/mt.

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Shanghai Spot Copper Trades at Premiums of RMB 50-120/mt (Nov. 16, 2015)

In Shanghai, spot copper quoted at premiums of RMB 50-120/mt over SHFE 1511 copper on November.

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Shanghai Spot Copper Trades at Premiums of RMB 0-60/mt (Nov. 12, 2015)

In Shanghai, spot copper traded at premiums of RMB 0-60/mt on Thursday.

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SMM Copper Market Daily Review (2015-11-10)

SHFE 1601 copper started at RMB 37,650/mt for night trading Monday and closed at RMB 37,600/mt. Positions fell 5,140.

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On Friday, spot copper quoted at discounts of RMB 30-80/mt against SHFE 1511 copper in Shanghai.

Oct 30, 2015 16:58 timezone

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In Shanghai market, spot copper quoted at discounts of RMB 20-80/mt against SHFE 1511 copper on Thursday.

Oct 30, 2015 08:58 timezone

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Shanghai Spot Copper Trades between Discounts of RMB 50/mt and Premiums of RMB 40/mt (Oct. 23, 2015)

In Shanghai, spot copper traded between discounts of RMB 50/mt and premiums of RMB 40/mt on Friday.

Oct 23, 2015 17:18 timezone

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Shanghai Spot Copper Offered between Discounts of RMB 30/mt and Premiums of RMB 30/mt (Oct. 21, 2015)

On Wednesday, spot copper was offered between discounts of RMB 30/mt and premiums of RMB 30/mt in Shanghai.

Oct 21, 2015 14:18 timezone

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SMM Copper Market Daily Review (2015-10-13)

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Oct 14, 2015 09:03 timezone

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