Snapshot: Copper spot market in Shanghai

Published: Apr 3, 2018 14:33

Save

The copper spot market in Shanghai saw brisk transactions on Tuesday April 3 as premiums were offered at 30-100 yuan/mt against the SHFE 1804 contract

SHANGHAI, Apr 3 (SMM) – The copper spot market in Shanghai saw brisk transactions on Tuesday April 3 as premiums were offered at 30-100 yuan/mt against the SHFE 1804 contract. This compared with a discount of 110-40 yuan/mt on Monday April 2. Sellers took control of the market, while traders and downstream consumers were keen to stock for the Qingming Festival holiday, SMM learned.

Standard-quality copper traded at 50,350-50,670 yuan/mt, while high-quality copper traded at 50,370 -50,700 yuan/mt.

For editorial queries, please contact Daisy Tseng at daisy@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn

copper spot premium spot discount

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

2 hours ago

March Copper Cathode Production Hit a Record High, Q2 Production Will Decline Due to Maintenance

March production was broadly in line with expectations, increasing by 63,700 mt from February on a MoM basis to a record high.

2 hours ago

China Southern Power Grid Launches 2026 IT Project Tenders, Involving 24 Packages

According to Polaris Power Network, on March 27, China Southern Power Grid launched the first batch of tenders for information technology projects in 2026. A total of 5 lots and 24 packages were involved, including 15 system construction projects, 2 special research projects, 5 business support projects, and 2 equipment procurement projects.

2 hours ago

Guiyang Power Supply Plans 523 AC Projects for 2026, Expanding Grid Infrastructure

According to BJX.com.cn, Guiyang Power Supply Bureau’s first batch of distribution network construction projects planned for 2026 totaled 523 projects, all of which were AC projects, including 174.19 km of new 10(20) kV lines, 316 distribution transformers, distribution transformer capacity of 100,905 kVA, and 279.69 km of low-voltage lines.

2 hours ago