SHFE Base Metals Warrants (2017-9-25)

Published: Sep 25, 2017 16:19
The table below shows warrants of base metals on the SHFE on September 25.

SHANGHAI, Sept. 25 (SMM) – The table below shows warrants of base metals on the SHFE on September 25.

LME Base Metals Cash to 3-Month Backwardation/Contango (2017-9-22)

 

On Warrant (tonne)

 

Sept. 25

Change

Copper

38,223

-8,518

Aluminum

496,875

+250

Lead

4,864

-1,385

Zinc

19,312

-1,894

Tin

8,290

-138

Nickel

43,058

-2,742

 

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
Falling SHFE Copper Futures Prices Stimulated Downstream Orders, Driving a Steady Recovery in Spot Discounts [SMM Shanghai Spot Copper]
37 mins ago
Falling SHFE Copper Futures Prices Stimulated Downstream Orders, Driving a Steady Recovery in Spot Discounts [SMM Shanghai Spot Copper]
Read More
Falling SHFE Copper Futures Prices Stimulated Downstream Orders, Driving a Steady Recovery in Spot Discounts [SMM Shanghai Spot Copper]
Falling SHFE Copper Futures Prices Stimulated Downstream Orders, Driving a Steady Recovery in Spot Discounts [SMM Shanghai Spot Copper]
[SMM Shanghai Spot Copper] Looking ahead to tomorrow, Shanghai spot copper discounts are expected to continue a mild recovery. Futures prices declined somewhat, and downstream enterprise orders increased. From the market structure perspective, the price spread between futures contracts for the next month and the C contract narrowed, and suppliers’ willingness to ship to delivery warehouse may decline. Supply side, domestic copper and previously price-locked imported cargoes continued to arrive; coupled with social inventory remaining at high levels, overall circulating supply in the market is ample. Demand side, downstream enterprises continued to advance work and production resumptions, providing some support to spot premiums. Overall, spot premiums showed a pattern of slow recovery and gradual stabilization.
37 mins ago
Fewer Offers for Secondary Copper Rod in Hubei, Slow Pace of Resuming Operations
38 mins ago
Fewer Offers for Secondary Copper Rod in Hubei, Slow Pace of Resuming Operations
Read More
Fewer Offers for Secondary Copper Rod in Hubei, Slow Pace of Resuming Operations
Fewer Offers for Secondary Copper Rod in Hubei, Slow Pace of Resuming Operations
[SMM Flash] SHFE copper front-month contract closed at 101,850 yuan/mt at midday, down 580 yuan/mt from the previous trading day. Secondary copper rod in Hubei was quoted at 101,900-102,000 yuan/mt, with an average premium of 100 yuan/mt against the front-month contract. At present, local copper rod enterprises resumed operations at a relatively slow pace, with fewer market offers and overall sluggish trading.
38 mins ago
Rising Activity in the Henan Copper Cathode Market
1 hour ago
Rising Activity in the Henan Copper Cathode Market
Read More
Rising Activity in the Henan Copper Cathode Market
Rising Activity in the Henan Copper Cathode Market
[SMM Henan Copper Cathode Flash] Today, the average spot price of copper cathode in Henan was reported at a discount of 295 yuan/mt. According to SMM, downstream copper processing enterprises in Henan gradually resumed work and production after the holiday, just-in-time procurement gradually started, and the market trading sentiment improved significantly compared with the previous period, with overall transaction activity rebounding.
1 hour ago
SHFE Base Metals Warrants (2017-9-25) - Shanghai Metals Market (SMM)