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Home / Metal News / Spot Copper Sees Slack Trading despite Lower Spot Premiums, SMM Reports

Spot Copper Sees Slack Trading despite Lower Spot Premiums, SMM Reports

iconSep 11, 2017 13:08
Source:SMM
Spot trading in Shanghai copper market is quiet today as SHFE copper rose, SMM said.

SHANGHAI, Sept. 11 (SMM) - Spot trading in Shanghai copper market is quiet today as SHFE copper rose, SMM said.

Trading was relatively brisk when SHFE copper was below 51,000 yuan per tonne, but weakened as SHFE copper advanced.

Copper Inventories Grow in Shanghai Bonded Zone, SMM Reports

Cargo holders lowered spot premiums to 40-50 yuan per tonne to push trading, but to little avail.

Metals Prices Plunge across the Board on Strong Market Panic

Spot premiums were 10-50 yuan per tonne over SHFE front-month copper today, SMM reports. 

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

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For queries, please contact Michael Jiang at michaeljiang@smm.cn

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

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