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Home / Metal News / Shanghai Spot Copper Offered at Discounts of RMB 10-60/mt (Oct. 28, 2015)

Shanghai Spot Copper Offered at Discounts of RMB 10-60/mt (Oct. 28, 2015)

Oct 28, 2015 16:36

Source:SMM

In Shanghai market, traded prices of spot copper were at discounts of RMB 10-60/mt on Wednesday.

SHANGHAI, Oct. 28 (SMM) – In Shanghai market, traded prices of spot copper were at discounts of RMB 10-60/mt on Wednesday, versus RMB 39,010-39,110/mt for standard-quality copper and RMB 39,030-39,130/mt for high-quality copper.

Cargo holders rushed to sell at highs early in the morning, throwing spot copper into discounts at RMB 10-60/mt. Market demand tended to sluggish at the end of October. On the other hand, spot supply was left ample.

spot copper prices

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SHFE 1601 copper opened lower at RMB 37,500/mt during Tuesday night session.

Nov 12, 2015 08:55

SMM Comments

Shanghai Spot Copper Returns to Premiums of RMB 0-50/mt (Nov. 10, 2015)

In Shanghai market, spot copper traded at premiums of RMB 0-50/mt on Tuesday.

Nov 10, 2015 13:21

SMM Comments

Shanghai Spot Copper Offered at Discounts of RMB 10-60/mt (Nov. 2, 2015)

In Shanghai, spot copper traded at discounts of RMB 10-60/mt on Monday, versus RMB 38,500-38,600/mt for standard-quality copper and RMB 38,520-38,640/mt for high-quality copper.

Nov 2, 2015 19:27

SMM Comments

Ample Supply Depresses Shanghai Spot Copper into Discounts of RMB 20-80/mt (Oct. 29, 2015)

In Shanghai market, spot copper quoted at discounts of RMB 20-80/mt against SHFE 1511 copper on Thursday.

Oct 29, 2015 13:27

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SMM Copper Market Daily Review (2015-10-27)

SHFE 1512 copper opened Monday evening session at RMB 39,120/mt and drifted lower to RMB 38,990/mt.

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SMM Comments

Shanghai Spot Copper Trades between Discounts of RMB 50/mt and Premiums of RMB 50/mt (Oct. 27, 2015)

In Shanghai, spot copper traded between discounts of RMB 50/mt and premiums of RMB 50/mt on Tuesday.

Oct 27, 2015 13:16

SMM Comments

Trading Picks up in Shanghai Spot Copper Market on Falling Prices (Oct. 20, 2015)

On Tuesday, spot copper traded between discounts of RMB 50/mt and premiums of RMB 10/mt over SHFE 1511 copper in Shanghai.

Oct 20, 2015 15:45

SMM Comments

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On Thursday morning, spot copper traded between discounts of RMB 20/mt and premiums of RMB 20/mt in Shanghai due to the growth in SHFE copper.

Oct 8, 2015 15:14

SMM Comments

Spot Copper Quoted at Premiums of RMB 10-90/mt (May 13, 2015)

Spot copper was offered at premiums of 10-90/mt to SHFE 1505 copper contract in Shanghai early Wednesday.

May 13, 2015 17:48

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Shanghai Spot Copper Offered at Discounts of RMB 10-60/mt (Oct. 28, 2015)

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