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Home / Metal News / Spot copper offers dip after Shanghai delivery

Spot copper offers dip after Shanghai delivery

May 16, 2018 10:45

Source:SMM

Spot copper in the Shanghai market was offered at a discount of 120-80 yuan/mt over the SHFE 1806 contract on the morning of Wednesday May 16

SHANGHAI, May 16 (SMM) – Spot copper in the Shanghai market was offered at a discount of 120-80 yuan/mt over the SHFE 1806 contract on the morning of Wednesday May 16, SMM learned.

This compared with a discount of 10 yuan/mt to a premium of 60 yuan/mt over the SHFE 1805 contract in the previous morning. The SHFE 1805 contract was delivered on Tuesday with a settlement price of 50,910 yuan/mt.

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