Shanghai copper spot market KuaiBao-Shanghai Metals Market

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Shanghai copper spot market KuaiBao

Translation 11:54:05AM Mar 07, 2018 Source:Shanghai Nonferrous Metals Network

SMM3 7: today Shanghai electrolytic copper spot on the monthly contract reported 100 yuan / ton-50 yuan / ton, flat water copper transaction price 51900 yuan / ton-52020 yuan / ton, rising water copper transaction price 51920 yuan / ton-52040 yuan / ton. Copper in Shanghai has stabilized above 52000 yuan / ton, and the monthly price difference has widened to about 270yuan / tonne. downstream confidence in copper prices has been boosted, market entry has increased, and cargo holders have shown a more firm and firm price. today's morning market quotations were stable at 100 yuan per ton of flat water copper. Good copper discount 60 yuan / ton, the second trading period, because the market transaction can be stable, the enthusiasm to buy goods is stable, the inquiry is active, the holder raises the quotation slightly, the good copper can support to the discount 50 yuan / ton, the flat water copper is in the discount 90 yuan / ton. Market transactions Pingshui copper wet copper significantly better than good copper, downstream buying increased, boosting the market activity.

Key Words:  Copper  copper price  spot  current copper  noon news 

Shanghai copper spot market KuaiBao

Translation 11:54:05AM Mar 07, 2018 Source:Shanghai Nonferrous Metals Network

SMM3 7: today Shanghai electrolytic copper spot on the monthly contract reported 100 yuan / ton-50 yuan / ton, flat water copper transaction price 51900 yuan / ton-52020 yuan / ton, rising water copper transaction price 51920 yuan / ton-52040 yuan / ton. Copper in Shanghai has stabilized above 52000 yuan / ton, and the monthly price difference has widened to about 270yuan / tonne. downstream confidence in copper prices has been boosted, market entry has increased, and cargo holders have shown a more firm and firm price. today's morning market quotations were stable at 100 yuan per ton of flat water copper. Good copper discount 60 yuan / ton, the second trading period, because the market transaction can be stable, the enthusiasm to buy goods is stable, the inquiry is active, the holder raises the quotation slightly, the good copper can support to the discount 50 yuan / ton, the flat water copper is in the discount 90 yuan / ton. Market transactions Pingshui copper wet copper significantly better than good copper, downstream buying increased, boosting the market activity.

Key Words:  Copper  copper price  spot  current copper  noon news