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Home / Metal News / Spot Premiums Stay at RMB 50-90/mt in Shanghai Copper Market (Jun. 10, 2015)

Spot Premiums Stay at RMB 50-90/mt in Shanghai Copper Market (Jun. 10, 2015)

Jun 10, 2015 19:32

Source:SMM

Spot copper premiums in Shanghai were still at RMB 50-90/mt to SHFE 1506 copper contract Wednesday.

SHANGHAI, Jun. 8 (SMM) – Spot copper premiums in Shanghai were still at RMB 50-90/mt to SHFE 1506 copper contract Wednesday. Traded prices were RMB 43,500-43,560/mt for standard-quality copper and RMB 43,520-43,590/mt for high-quality copper.

Trades remained light in spot copper market, and standard-quality copper and hydro-copper still gained more popularity, narrowing their price gap with high-quality copper. Downstream buyers were unwilling to build additional stocks.

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

SMM Comments

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.

Aug 27, 2015 08:44

SMM Comments

SMM Copper Market Daily Review (2015-8-21)

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

Aug 24, 2015 08:59

SMM Comments

SMM Copper Market Daily Review (2015-5-12)

SHFE 1507 copper contract prices moved around RMB 45,700/mt Tuesday morning, but began rising in the afternoon to touch RMB 45,930/mt.

May 13, 2015 08:55

SMM Comments

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

SMM Comments

SMM Copper Market Daily Review (2015-1-14)

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.

Jan 15, 2015 08:48

SMM Comments

SMM Copper Market Daily Review (2015-1-9)

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

Jan 12, 2015 09:15

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 Premiums Stay at RMB 50-90/mt in Shanghai Copper Market (Jun. 10, 2015)

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