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Home / Metal News / Spot Copper Quoted at Premiums of RMB 20-60/mt in Shanghai (May 29, 2015)

Spot Copper Quoted at Premiums of RMB 20-60/mt in Shanghai (May 29, 2015)

May 29, 2015 18:03

Source:SMM

Spot copper was quoted at premiums of RMB 20-60/mt to SHFE 1506 copper contract in Shanghai Friday morning.

SHANGHAI, May 29 (SMM) – Spot copper was quoted at premiums of RMB 20-60/mt to SHFE 1506 copper contract in Shanghai Friday morning, with trading enlivened. Traded prices were RMB 44,420-44,460/mt for standard-quality copper and RMB 44,440-44,480/mt for high-quality copper.

Trading was quiet in spot copper market on the last trading day of May. A few traders bought at lows, but supply of low-priced goods was limited. Price difference between brands narrowed. Downstream buyers only watched from the sidelines.

spot copper prices

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