Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Coke Coal Pig Iron Steel Billet Finished Steel

New Energy

New Energy

Solar Lithium Cobalt Cathode Material Phosphorus Carbon Anode Separator Electrolyte Battery Cell And Module Battery Recycling Nickel And Manganese Other Materials Sodium-ion Battery Hydrogen Energy

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / Shanghai See Trades Pick up for Spot Copper before Holiday (Sept. 1, 2015)

Shanghai See Trades Pick up for Spot Copper before Holiday (Sept. 1, 2015)

Sep 1, 2015 16:17

Source:SMM

On Tuesday, cargo holders were unwilling to sell in Shanghai heading into Sept.

SHANGHAI, Sept. 1 (SMM) – On Tuesday, cargo holders were unwilling to sell in Shanghai heading into Sept. while downstream buyers started building stocks before Chinese Sept. 3-5 holiday of Beijing’s parade to celebrate the World War II victory. Therefore, market supply decreased significantly. As such, spot copper discounts gradually narrowed. Hydro-copper supply remained tight and high-quality copper was offered at premiums by noon. Market saw an improvement in trades.

Spot copper traded at discounts of RMB 0-60/mt against the front month contract on Sept. 1, versus RMB 39,330-39,450/mt for standard-quality copper and RMB 39,350 -39,480/mt for high-quality copper.

spot copper prices

copper prices

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Update of Output Cut Plans at 10 Chinese Major Copper Smelters in 2016

In late 2015, ten major Chinese copper smelters agreed to reduce production by 350,000 tonnes in 2016. As entering April, has the cut plan being implemented as schedule?

time

Mar 29, 2016 15:46

Will China Copper Output Fall in 2016 after Cuts Plan? SMM Interviews

Ten major Chinese copper smelters agreed to cut output in late 2015, to tide over the tough period following sharp price declines. How will the cut plan affect Chinese copper output in 2016?

time

Mar 23, 2016 11:00

SHFE Copper Hits Over One-Month High (2016-2-4)

SHFE 1603 copper opened at RMB 36,040/mt on Thursday.

time

Feb 4, 2016 19:12

Jiangxi Copper Sees Profits Fall 60%-80% in 2015

Jiangxi Copper’s profits are expected to fall 60%-80% YoY in 2015, down from 2.9 billion profits in 2014, p5w.net reports.

time

Feb 2, 2016 09:40

LME Copper to Trade in Tight Range (2016-1-25)

It remains to be seen whether the rally in crude oil prices will prove sustainable.

time

Jan 25, 2016 10:02

LME Copper to Fall from High (2016-1-20)

LME copper is forecast to drop to USD 4,365-4,415/mt during Asian trading hours Wednesday give the back of worries about crude oil and global economy.

time

Jan 20, 2016 09:32

SHFE Copper to Hover around 5-Day Moving Average (2015-12-25)

SHFE 1602 copper is predicted to fluctuate between RMB 36,000-36,500/mt on Dec. 25 with LME lead market closed.

time

Dec 25, 2015 09:32

54% China Copper Producers See Copper Price Rallies This Week, SMM Survey

SMM survey reveals that 54% Chinese industrial insiders expect LME copper to up to USD 4,680-4,750/mt this week and SHFE 1602 copper to break through RMB 36,100/mt.

time

Dec 22, 2015 10:40

LME Copper to Trade Higher on Short-Covering (2015-12-22)

LME copper is expected to move higher to USD 4,710-4,765/mt during Asian trading hours Tuesday thanks to exit of shorts with market staying quiet near year’s end.

time

Dec 22, 2015 09:29

Collections of Stories on Copper and Aluminum Markets on LME Week

The 2015 LME Week just concluded, and the followings are major stories in the copper and aluminum markets during the meeting.

time

Oct 22, 2015 15:23

SMM Events & Webinars

Oct
14
- SMM LME Metals Seminar 2025
  Oct 14 - 14,2025
  London , the United Kingdom
Oct
20
- Li-ION BATTERY China
  Oct 20 - 21,2025
  Xiamen, China
Oct
20
- APAC (10th) Stainless Steel Industry Conference 2025
  Oct 20 - 21,2025
  Xiamen, China

MOST POPULAR

1.Research On The Supply Chain Of Aluminum Anti-collision Beams For Automobiles

2.Aluminum Wire Supplier Screening

3.Cost Analysis Of AL Extrusion For Target Units

4.Research On The Sustainable Development Layout Of Key Players(Foil, Roll, Plate)

5.Optimization Of Purchasing Cost For Casting Alloys

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.