LME Base Metals Cash to 3-Month Backwardation/Contango (2017-9-21)

Published: Sep 22, 2017 11:02

Save

The table below shows cash to 3-month backwardation/contango of base metals on the LME on September 21.

SHANGHAI, Sept. 22 (SMM) – The table below shows cash to 3-month backwardation/contango of base metals on the LME on September 21.

COMEX Copper Inventories (2017-9-21)

	LME Cash to 3-Month (B/C) USD/mt
	Sept. 21	Sept. 20
Copper	40 (C)	44 (C)
Aluminum	24.75 (C)	27.25 (C)
Zinc	16.75 (B)	17.25 (B)
Lead	4.5 (B)	15.00 (C)
Nickel	74.5 (C)	70 (C)
Tin	140 (B)	100 (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.

LME base metals Cash to 3-Month Backwardation/Contango

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

1 hour ago

China’s Brass Bar Imports Fell 9.94% YoY in January-February 2026

According to the latest customs data, in January 2026, China’s imports of copper-zinc alloy (brass) bars and rods were 2,050.01 mt in physical content, down 8.37% MoM and up 24.53% YoY. In February, China’s imports of copper-zinc alloy (brass) bars and rods were 1,344.87 mt in physical content, down 34.4% MoM and down 36.67% YoY, showing an overall sharp decline. Cumulative imports in January-February 2026 were 3,394.87, down 9.94% YoY cumulatively. (HS codes 74072111, 74072119, 74072190).

1 hour ago

[SMM Analysis] The Mystery Behind the Flat China Sulfuric Acid FOB Price

Since the beginning of 2026, the global sulfur supply has been tight, with prices continuing to rise, intensifying pressure across the industrial chain. The external environment has further exacerbated the situation: ongoing turmoil in the Middle East has disrupted shipping through the Strait of Hormuz, affecting nearly 40% of global sulfur maritime transport. Shipping costs have doubled, forcing a restructuring of trade flows.

1 hour ago

Rio Tinto Targets Mid-2030s for Arizona Copper Mine, May Export Concentrate Due to US Smelting Costs

Rio Tinto expects Resolution Copper mine to open by mid-2030s, may export some concentrate HOUSTON, March 24 (Reuters) – Rio Tinto aims to bring its Resolution Copper project in Arizona online by the mid-2030s, but may need to export some copper concentrate due to challenging economics for smelting in the U.S., a senior executive said on Tuesday. The mining giant recently gained control of key acreage for the project after a lengthy court battle.

1 hour ago