Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

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

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Car Insight

Home / Metal News / Spot Copper Discounts Appear Again in Shanghai (Sept. 18, 2015)

Spot Copper Discounts Appear Again in Shanghai (Sept. 18, 2015)

Sep 18, 2015 17:05

Source:SMM

Spot copper traded between discounts of RMB 10/mt and premiums of RMB 60/mt in Shanghai on Friday.

SHANGHAI, Sept. 18 (SMM) – Spot copper traded between discounts of RMB 10/mt and premiums of RMB 60/mt in Shanghai on Friday. Standard-quality copper quoted at RMB 40,800-40,900/mt and RMB 40,840-40,940/mt for high-quality copper.

SHFE copper expanded losses. Cargo holders rushed to sell, sending down spot premiums. Traders held a wait-and-see attitude with some trades made at lows. Downstream buyers purchased as needed. Transactions were less than Thursday.

spot copper price

Copper prices

For queries, please contact William Gu at williamgu@smm.cn

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

LME copper is expected to move between USD 4,600-4,635/mt on Wednesday and SHFE 1610 copper to range at RMB 36,100-36,350/mt.

Aug 31, 2016 09:41

SMM Comments

LME Copper to Underperform SHFE Copper Next Week, SMM Expects

LME copper will swing widely next week, while SHFE copper is poised for a rebound, SMM expects.

Aug 26, 2016 20:10

SMM Insight

SMM Copper Market Daily Review (2015-11-9)

SHFE copper opened lower at RMB 37,800/mt on Monday and rallied to RMB 37,960/mt due to upbeat reading of US non-farm payrolls.

Nov 10, 2015 10:25

SMM Comments

Shanghai Spot Copper Trades at Discounts of RMB 30-80/mt (Nov. 5, 2015)

Spot copper was offered at discounts of RMB 30-80/mt in Shanghai on Thursday, versus RMB 38,480-38,660/mt for standard-quality copper.

Nov 5, 2015 15:19

SMM Comments

Shanghai Spot Copper Trades between Discounts of RMB 30/mt and Premiums of RMB 40/mt (Oct. 22, 2015)

In Shanghai, spot copper trade between discounts of RMB 30/mt and premiums of RMB 40/mt on Thursday.

Oct 22, 2015 15:50

SMM Comments

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

SMM Comments

SMM Copper Market Daily Review (2015-10-20)

The large drop in LME copper allowed SHFE copper to gap lower at RMB 39,110/mt on Monday night.

Oct 21, 2015 09:09

SMM Comments

SMM Copper Market Daily Review (2015-10-9)

SHFE 1512 copper opened lower at RMB 38,890/mt for night trading Thursday and then drifted lower to RMB 38,630/mt due to growing shorts.

Oct 10, 2015 09:00

SMM Comments

Spot Copper Inverts to Premiums in Shanghai (Sept. 24, 2015)

On Thursday, spot copper quoted RMB 0-60/mt above SHFE front-month contract in Shanghai.

Sep 24, 2015 15:21

SMM Comments

SHFE Copper Ends at an Intra-day High of RMB 38,930/mt (Sept. 23, 2015)

In response to LME copper, SHFE 1511 copper gapped lower at RMB 39,310/mt during Tuesday evening session.

Sep 23, 2015 16:01

SMM Comments

SMM Events & Webinars

All

Nov
24
- 2024 SMM Middle East Secondary Metal Field Trip
  Nov 24 - Dec 01,2024
  UAE
Apr
09
- NET ZERO MEA - Solar & Energy Storage
  Apr 09 - 10,2025
  MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
Apr
09
- 2025 SMM (20th) Lead & Zinc Conference and Industry Expo
  Apr 09 - 11,2025
  To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange p
  Nanjing · Jiangsu ·China

Spot Copper Discounts Appear Again in Shanghai (Sept. 18, 2015)

SMM Events & Webinars

2024 SMM Middle East Secondary Metal Field Trip

NET ZERO MEA - Solar & Energy Storage

2025 SMM (20th) Lead & Zinc Conference and Industry Expo