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

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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

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.

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

SMM Events & Webinars

SMM LME Metals Seminar 2025

Li-ION BATTERY China

APAC (10th) Ni-Cr-Mn Stainless Steel & New Energy Conference 2025