Home / Metal News / Sellers show bigger discount for spot copper in Shanghai

Sellers show bigger discount for spot copper in Shanghai

iconDec 22, 2017 16:47
Source:SMM
Spot copper in Shanghai saw discounts go deeper since last Friday as sellers were keen to destock toward the year-end.

SHANGHAI, Dec 22 (SMM)- Spot copper in Shanghai saw discounts go deeper since last Friday as sellers were keen to destock toward the year-end.

Transactions, however, remained few and far between as downstream customers were unwilling to take move with SHFE copper climbing to 53,500 yuan/mt.

SMM expects the spot discount to be stable next week as the year draws to a close.


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

copper
discounts
spot
premiums

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

Related news

SMM Events & Webinars

All