Shanghai Spot Copper Trades between Discounts of RMB 50/mt and Premiums of RMB 40/mt (Oct. 23, 2015)

Published: Oct 23, 2015 17:18
In Shanghai, spot copper traded between discounts of RMB 50/mt and premiums of RMB 40/mt on Friday.

SHANGHAI, Oct. 23 (SMM) – In Shanghai, spot copper traded between discounts of RMB 50/mt and premiums of RMB 40/mt on Friday, versus RMB 39,420-39,540/mt for standard-quality copper and RMB 39,450-39,600/mt for high-quality copper.

Cargo holders held offers firm between discounts of RMB 40/mt and premiums of RMB 40/mt. In the afternoon, spot prices only printed a drop of RMB 10/mt. Transactions were softening. 


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