Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / Deadlock Persists in Shanghai Spot Copper Market, SMM Says

Deadlock Persists in Shanghai Spot Copper Market, SMM Says

Aug 23, 2017 14:13

Source:SMM

Sellers and buyers in Shanghai spot copper market are still in a deadlock today.

SHANGHAI, Aug. 23 (SMM) – Sellers and buyers in Shanghai spot copper market are still in a deadlock today.

Barclays Expects Copper Prices to Severely Soften in Late 2017

SHFE copper, though falling back, are still at above 51,000 yuan/tonne. Suppliers were unwilling to cut spot discounts, while traders lacked buying appetite. No downstream producers entered the market.

Citi and Societe Generale Express Divergent Views over Base Metals Price Outlook

Standard-quality copper traded between 51,100-51,250 yuan/tonne, while high-quality copper traded between 51,120-51,280 yuan/tonne. Spot discounts were 100-140 yuan/tonne over SHFE 1709 copper.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

shfe copper prices

copper prices

For queries, please contact William Gu at williamgu@smm.cn

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

Related news

Copper Prices to Edge up amid Low Inventory

The October CPI in the US due last week increased by 6.2% year-on-year, the biggest increase in 31 years, and up 0.9% month-on-month, the largest gain in four months.

time

Nov 15, 2021 14:47

Copper Prices to Edge up amid Low Inventory

Key Copper Companies Issued Good Earnings Reports for Third Quarter on Higher Copper Prices

Since the beginning of this year, the copper prices have continued to rise, reaching the highest level since May 2006 in May. The high copper prices have made relevant companies profitable.

time

Nov 4, 2021 17:32

Key Copper Companies Issued Good Earnings Reports for Third Quarter on Higher Copper Prices

Shanghai Copper Market Movement (2017-9-27)

Copper in Shanghai spot market was offered at premiums of 150-200 yuan/tonne over SHFE 1710 copper on Wednesday.

time

Sep 27, 2017 14:23

Shanghai Copper Market Movement (2017-9-27)

Sudden Drop in SHFE Copper Triggers Bearishness in Shanghai Spot Market, SMM Says

Market players in Shanghai spot copper market became bearish today after SHFE copper unexpectedly fell 100 yuan/tonne before noon.

time

Sep 7, 2017 13:22

Sudden Drop in SHFE Copper Triggers Bearishness in Shanghai Spot Market, SMM Says

Lower Supply to Sustain Imported Copper Premiums in Shanghai Spot Market, SMM Says

Supply of imported copper in Shanghai spot market will see a temporary decline, and this will allow its premiums to continue, SMM expects.

time

Sep 1, 2017 13:47

Lower Supply to Sustain Imported Copper Premiums in Shanghai Spot Market, SMM Says

SHFE 1710 Copper Ends with Small Gains (2017-8-29)

SHFE 1710 copper opened at RMB 52,740/mt on Tuesday, and hit a high of RMB 52,940/mt.

time

Aug 29, 2017 16:05

SHFE 1710 Copper Ends with Small Gains (2017-8-29)

SHFE Copper to Extend Gains (2017-8-29)

SHFE 1710 copper hit new highs yesterday, and will rise further to RMB 52,400-52,900/mt today.

time

Aug 29, 2017 09:47

SHFE Copper to Extend Gains (2017-8-29)

Trading Turns Muted in Spot Market after SHFE Copper Hits Over 3-Year High, SMM Says

SHFE copper jumped above 51,000 yuan/tonne to the highest level in three and a half years on Tuesday.

time

Aug 22, 2017 13:36

Trading Turns Muted in Spot Market after SHFE Copper Hits Over 3-Year High, SMM Says

SHFE Copper Pullback Hurts Trading in Shanghai Spot Market, SMM Says

Trading in Shanghai spot copper market was not as active as yesterday as the fallback in SHFE copper turned buyers cautious.

time

Aug 18, 2017 14:47

SHFE Copper Pullback Hurts Trading in Shanghai Spot Market, SMM Says

Widening Spot Discounts to Attract Speculators in Shanghai Copper Market, SMM Says

Spot discounts in Shanghai copper market widened sharply to 90-140 yuan/tonne today after SHFE copper gained 2.5% to above 51,000 yuan/tonne.

time

Aug 17, 2017 17:02

Widening Spot Discounts to Attract Speculators in Shanghai Copper Market, SMM Says

SMM Events & Webinars

Apr
09
- NET ZERO MEA - Solar & Energy Storage
  Apr 09 - 10,2025
  MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
Apr
09
- 2025 SMM (20th) Lead & Zinc Conference and Industry Expo
  Apr 09 - 11,2025
  To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange p
  Nanjing · Jiangsu ·China
Apr
16
- CLNB 2025 (10th) China International New Energy Industry Expo
  Apr 16 - 18,2025
  Suzhou International Expo Center, Jiangsu, China

MOST POPULAR

1.NEV Magnet Wire Industry Opportunity Discovery

2.Copper Substitution Market Study-Consumer Durables

3.Copper Substitution Market Study-Construction

4.Copper Substitution Market Study-Power Distribution

5.Copper Substitution Market Study-Power Transmission

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.