Shanghai copper spot market KuaiBao-Shanghai Metals Market

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Shanghai copper spot market KuaiBao

Translation 11:55:58AM Mar 20, 2018 Source:Shanghai Nonferrous Metals Network

SMM3 20: today Shanghai electrolytic copper spot on the monthly contract reported water 220 yuan / ton-water 170 yuan / ton, Pingshui copper transaction price 50830 yuan / ton-50930 yuan / ton, rising water copper transaction price 50850 yuan / ton-50970 yuan / ton. Shanghai copper continued its low concussion, and early market holders cautiously raised their quotations to explore the market. Pingshui copper affixed 220 yuan per ton, good copper 200 yuan 190 yuan per ton, and wet copper 300 yuan per ton. Today compared with yesterday's market performance is the biggest difference is downstream to maintain a wait-and-see, following yesterday's low receipt of a large number of goods, today's inquiry enthusiasm decreased, only to maintain low rigid demand procurement. Traders are interested in good copper, and good copper quotations have risen slowly. in the second quarter, good copper has been generally reported to 170 yuan per tonne in the second trading period. after 11:00, the monthly contract fell below 51000 yuan per ton, and the good copper premium rose again to 160 yuan per ton. However, Pingshui copper and wet copper prices have little change, transactions continue to show stalemate, today's market transaction activity decreased significantly compared with yesterday, transactions again show the characteristics of stalemate chainsaw, the disk presents a trend of easy to fall and difficult to rise, downstream waiting for a clear trend.

Key Words:  Copper  copper price  spot  current copper  noon news 

Price

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#1 Refined Cu
Jun.19
46880.0
500.0
(1.08%)
Standard-Grade Copper
Jun.19
46860.0
500.0
(1.08%)
High-Grade Copper
Jun.19
46900.0
500.0
(1.08%)
Guixi copper
Jun.19
46910.0
500.0
(1.08%)
Low-quality copper
Jun.19
46790.0
500.0
(1.08%)

Shanghai copper spot market KuaiBao

Translation 11:55:58AM Mar 20, 2018 Source:Shanghai Nonferrous Metals Network

SMM3 20: today Shanghai electrolytic copper spot on the monthly contract reported water 220 yuan / ton-water 170 yuan / ton, Pingshui copper transaction price 50830 yuan / ton-50930 yuan / ton, rising water copper transaction price 50850 yuan / ton-50970 yuan / ton. Shanghai copper continued its low concussion, and early market holders cautiously raised their quotations to explore the market. Pingshui copper affixed 220 yuan per ton, good copper 200 yuan 190 yuan per ton, and wet copper 300 yuan per ton. Today compared with yesterday's market performance is the biggest difference is downstream to maintain a wait-and-see, following yesterday's low receipt of a large number of goods, today's inquiry enthusiasm decreased, only to maintain low rigid demand procurement. Traders are interested in good copper, and good copper quotations have risen slowly. in the second quarter, good copper has been generally reported to 170 yuan per tonne in the second trading period. after 11:00, the monthly contract fell below 51000 yuan per ton, and the good copper premium rose again to 160 yuan per ton. However, Pingshui copper and wet copper prices have little change, transactions continue to show stalemate, today's market transaction activity decreased significantly compared with yesterday, transactions again show the characteristics of stalemate chainsaw, the disk presents a trend of easy to fall and difficult to rise, downstream waiting for a clear trend.

Key Words:  Copper  copper price  spot  current copper  noon news