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

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