Shanghai Spot Copper Trades at Premiums of RMB 0-60/mt (Nov. 12, 2015)

Published: Nov 12, 2015 13:55

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In Shanghai, spot copper traded at premiums of RMB 0-60/mt on Thursday.

SHANGHAI, Nov. 12 (SMM) – In Shanghai, spot copper traded at premiums of RMB 0-60/mt on Thursday. And standard-quality copper quoted at RMB 37,240-37,420/mt and RMB 37,280-37,460/mt for high-quality copper.

SHFE copper extended losses and cargo holders attempted to hold prices firm with changes in SHFE 1511 and 1512 copper and some traders entering market. But ample supply pushed down spot prices to premiums of RMB 0-50/mt. Markets remained quiet.

spot copper prices copper prices

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