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 Ternary Precursor and Material Anode 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 Inverts to Premiums in Shanghai (Sept. 24, 2015)

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

Sep 24, 2015 15:21

Source:SMM

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

SHANGHAI, Sept. 24 (SMM) – On Thursday, spot copper quoted RMB 0-60/mt above SHFE front-month contract in Shanghai. Traded prices were RMB 38,860-39,000/mt for standard-quality copper and RMB 38,880-39,040/mt for high-quality copper.

SHFE copper posted modest growth on Thursday and market supply stayed stable. Standard-quality copper prices held firm, leaving limited room for speculation. Downstream buyers purchased for immediate consumption with transactions below Wednesday.

spot copper price

Copper prices

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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

LME copper will range between USD 4,615-4,655/mt today and SHFE 1610 copper should fluctuate at RMB 36,200-36,600/mt.

Aug 30, 2016 09:53

SMM Comments

SHFE Copper Closes Higher (2016-8-29)

SHFE 1610 copper opened at RMB 36,290/mt and ended at RMB 36,420/mt, up RMB 70/mt.

Aug 29, 2016 18:13

SMM Comments

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

Trading Picks up in Shanghai Spot Copper Market (Nov. 6, 2015)

On Friday, spot copper traded at discounts of RMB 0-60/mt in Shanghai market.

Nov 6, 2015 13:19

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 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

India Brass, Copper Scrap prices decline; MCX Copper edges up

India major brass and copper scrap commodities prices declined on Monday.

Sep 23, 2015 09:02

Industry

SMM Copper Market Morning Review (2015-9-22)

Overnight, LME copper initially was supported by China’s upbeat copper import data but later stronger dollar weighed down LME copper prices.

Sep 22, 2015 10:29

SMM Comments

SMM Events & Webinars

All

Oct
09
- NET ZERO EUROPE - Solar & Energy Storage Summit
  Oct 09 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Oct
08
- 2nd Li-ion Battery Europe 2024
  Oct 08 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Jun
24
- 2024 Global Renewable Metal Industry Chain Summit
  Jun 24 - 25,2024
  To foster international cooperation and dialogue among industry colleagues
  Kuala Lumpur , Malaysia

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

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit