SHFE Base Metals Warrants (2017-9-20)

Published: Sep 20, 2017 15:55

Save

The table below shows warrants of base metals on the SHFE on September 20.

SHANGHAI, Sept. 20 (SMM) – The table below shows warrants of base metals on the SHFE on September 20.

LME Base Metals Cash to 3-Month Backwardation/Contango (2017-9-18)

	On Warrant (tonne)
	Sept. 20	Change
Copper	57,426	-3,134
Aluminum	489,091	-48
Lead	7,045	-880
Zinc	23,576	unchanged
Tin	8,585	-22
Nickel	49,469	-486

LME Base Metals Inventories (2017-9-20)

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.

base metals base metal prices base metal price forecast

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 for 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

6 mins ago

US Inflation Indicators Meet Expectations, Copper Prices in and Outside China Rise Amid Volatility [SMM Copper Morning Meeting Minutes]

SMM Morning Meeting Summary: Overnight, LME copper opened at $13,231.5/mt, edged up to $13,308/mt in early trading, then drifted lower to touch a low of $13,190/mt, and finally closed at a high of $13,316/mt, up 2.22%. Trading volume was 26,000 lots, and open interest was 248,000 lots, up 306 lots from the previous trading day, indicating that bulls added positions. Overnight, the most-traded SHFE copper 2608 contract opened at 102,180 yuan/mt, edged up to 102,600 yuan/mt, then drifted lower to touch a low of 101,640 yuan/mt, and closed at 102,260 yuan/mt, up 1.03%. Trading volume was 55,000 lots, and open interest was 162,000 lots, down 2,799 lots from the previous session, indicating that bears reduced positions. On the macro front, US PCE data largely met expectations, and the US dollar index halted its three-day rally. Geopolitically, another vessel attack occurred in the Strait of Hormuz; Iran warned that unauthorized transits are "unacceptable," and Israel denied withdrawing troops from southern Lebanon, which heightened Middle East tensions again and pushed geopolitical risk premiums higher. These factors eased rate hike concerns, and the US dollar stopped rising and pulled back, helping copper prices stabilize and rebound.

6 mins ago

13 hours ago

North Copper to Decide CCL Investment Plan Based on Thorough Market Survey, Has Capacity for 6μm Rolled Copper Foil

13 hours ago

14 hours ago

The operating rate of Chinese enterprises producing waste anode plates declines

[SMM Copper Anode Market] As copper prices fell, the price difference between primary metal and scrap narrowed. From June 19-25, the SMM weekly operating rate of domestic scrap-derived copper anode plate producers fell 2.48 percentage points WoW to 47.76%, and is expected to decline 2.49 percentage points WoW next week to 45.27%.

14 hours ago