LME Base Metals Cash to 3-Month Backwardation/Contango (2017-9-11)

Published: Sep 12, 2017 11:03
The table below shows cash to 3-month backwardation/contango of base metals on the LME on September 11.

SHANGHAI, Sept. 12 (SMM) – The table below shows cash to 3-month backwardation/contango of base metals on the LME on September 11.

COMEX Copper Inventories (2017-9-11)

 

LME Cash to 3-Month (B/C) USD/mt

 

Sept. 11

Sept. 8

Copper

18.75 (C)

20.75 (C)

Aluminum

30.75 (C)

27.5 (C)

Zinc

2.25 (C)

2.5 (C)

Lead

32 (C)

31.25 (C)

Nickel

72.5 (C)

66 (C)

Tin

130 (B)

120 (B)

 

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

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

 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Chile's Copper Output Drops 13.8% in April, Metal Production Also Falls
7 hours ago
Chile's Copper Output Drops 13.8% in April, Metal Production Also Falls
Read More
Chile's Copper Output Drops 13.8% in April, Metal Production Also Falls
Chile's Copper Output Drops 13.8% in April, Metal Production Also Falls
Chile is the world's largest copper-producing country. Data released on Friday by Chile's National Bureau of Statistics (INE) showed that the country's copper production in April declined 13.8% YoY.According to official data, Chile's copper production in April was 399,954 mt, compared with 464,056 mt in the same period last year. The production decline was mainly attributable to a high base in the same period last year and lower ore grades at major miners.In addition, metal products production fell 15.4% YoY, further dragging down the overall performance of the manufacturing sector.
7 hours ago
Codelco's Q1 2026 Profit Triples to $825M Despite 8% Drop in Copper Production
7 hours ago
Codelco's Q1 2026 Profit Triples to $825M Despite 8% Drop in Copper Production
Read More
Codelco's Q1 2026 Profit Triples to $825M Despite 8% Drop in Copper Production
Codelco's Q1 2026 Profit Triples to $825M Despite 8% Drop in Copper Production
Codelco, one of the world's largest copper producers, released its earnings report on Friday. Benefiting from stronger copper prices, the company's pre-tax profit reached $825 million in Q1 2026, nearly tripling compared to the same period last year when it stood at $213 million. Codelco stated that the company's total copper production from January to March was 272,000 mt, down 8% compared to the same period last year.Codelco reported its Q1 2026 results. Market conditions for copper and various by-products improved during the quarter, but the company's own production declined.From January to March, the company's own copper mine production reached 272,000 mt of concentrates, down 8.1% compared to the same period in 2025.
7 hours ago
Commerzbank Forecasts Copper Prices to Reach $14,250 per MT by Mid-2027
7 hours ago
Commerzbank Forecasts Copper Prices to Reach $14,250 per MT by Mid-2027
Read More
Commerzbank Forecasts Copper Prices to Reach $14,250 per MT by Mid-2027
Commerzbank Forecasts Copper Prices to Reach $14,250 per MT by Mid-2027
Commerzbank expects copper prices to rise to $14,250 per mt by mid-2027.
7 hours ago
LME Base Metals Cash to 3-Month Backwardation/Contango (2017-9-11) - Shanghai Metals Market (SMM)