Snapshot: Copper spot market in Shanghai-Shanghai Metals Market

Hot Keywords

  • Inventory data
  • Air pollution
  • Macroeconomics
  • Production data
  • Futures movement
  • Zinc
  • Aluminium
  • hydrogenation stations
  • Nickel
  • Copper
  • Market commentary
  • nickel laterite
  • In the United States
  • Morning comments
  • Nickel ore

Snapshot: Copper spot market in Shanghai

Price Review & Forecast 03:29:59PM Apr 04, 2018 Source:SMM

SHANGHAI, Apr 4 (SMM) – Transactions cooled in the spot market for copper in Shanghai on Wednesday April 4 as premiums were offered at 30-70 yuan/mt against the SHFE 1804 contract. This compared with a premium of 30-100 yuan/mt on Tuesday April 3.

Cargo holders made lower offers to cash in on the last trading day ahead of the Qingming Festival holiday, while traders bought on lower prices.

Standard-quality copper traded at 50,460-50,620 yuan/mt, while high-quality copper traded at 50,480-50,640 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 

Key Words:  copper   spot premium   spot discount 

Snapshot: Copper spot market in Shanghai

Price Review & Forecast 03:29:59PM Apr 04, 2018 Source:SMM

SHANGHAI, Apr 4 (SMM) – Transactions cooled in the spot market for copper in Shanghai on Wednesday April 4 as premiums were offered at 30-70 yuan/mt against the SHFE 1804 contract. This compared with a premium of 30-100 yuan/mt on Tuesday April 3.

Cargo holders made lower offers to cash in on the last trading day ahead of the Qingming Festival holiday, while traders bought on lower prices.

Standard-quality copper traded at 50,460-50,620 yuan/mt, while high-quality copper traded at 50,480-50,640 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 

Key Words:  copper   spot premium   spot discount