June 5 Shanghai copper spot market KuaiBao

Published: Jun 5, 2019 11:48

SMM June 5-Today, Shanghai electrolytic copper spot to the current month's contract water 110 ~ liter water 170 yuan / ton, flat water copper transaction price 46600 yuan / ton ~ 46660 yuan / ton, rising water copper transaction price 46630 yuan / ton ~ 46700 yuan / ton, the transaction price of flat water copper is 46600 yuan / ton ~ 46660 yuan / ton, and the transaction price of copper is 46630 yuan / ton ~ 46700 yuan / ton. The US dollar fell to 97 mark, good Shanghai copper rapid rebound, today copper prices stood at 46500 yuan / ton first line finishing. In the morning market, the price of rising water is 110 to 140 yuan / ton, the transaction is OK, the quotation of flat water copper is gradually raised to 130 yuan / ton of rising water, and the good copper is also raised to 160 yuan / ton of rising water. 170 yuan / ton, the transaction strength can be; Wet copper continues to raise its offer with the market, and the offer of 30 yuan to 60 yuan per ton is still unfinished. Spot market recently driven by risk aversion sentiment all the way higher, although the market inquiry is active, but traders tend to be cautious, holders stop, high prices do not rush to ship cash, downstream is on demand procurement, the market is waiting in the risk aversion mood.

"Click to view SMM historical price data

 

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
Cautious Stockpiling Amid High Copper Prices, Finished Product Inventories Down Slightly Before Labour Day
Apr 30, 2026 22:09
Cautious Stockpiling Amid High Copper Prices, Finished Product Inventories Down Slightly Before Labour Day
Read More
Cautious Stockpiling Amid High Copper Prices, Finished Product Inventories Down Slightly Before Labour Day
Cautious Stockpiling Amid High Copper Prices, Finished Product Inventories Down Slightly Before Labour Day
[SMM Copper Wire and Cable Weekly Inventory] Despite the approaching Labour Day holiday, overall enterprise stockpiling sentiment remained cautious due to high copper prices. As a result, raw material inventories of mainstream copper wire and cable enterprises in China edged up 2.58% WoW. Finished product inventories side, some wire and cable enterprises suspended quotations during the Labour Day holiday, and some end-users cautiously picked up goods in advance, driving finished product inventories down slightly by 2.42% WoW.
Apr 30, 2026 22:09
Copper Wire and Cable Industry Sees Decline in Operating Rates Amid High Copper Prices
Apr 30, 2026 22:08
Copper Wire and Cable Industry Sees Decline in Operating Rates Amid High Copper Prices
Read More
Copper Wire and Cable Industry Sees Decline in Operating Rates Amid High Copper Prices
Copper Wire and Cable Industry Sees Decline in Operating Rates Amid High Copper Prices
This week (April 24–April 30), the SMM operating rate of copper wire and cable enterprises was 65.9%, down 1.09 percentage points WoW. Copper prices hovered at highs this week, and earlier concentrated procurement had front-loaded some subsequent demand. Industry orders in the wire and cable industry remained weak, with operating rates continuing to decline. Next week, wire and cable industry operations will continue to pull back. Most enterprises will have a short Labour Day holiday break, with some choosing to cut production or maintain operations without shutting down. The operating rate is expected to continue falling by 3.12 percentage points WoW to 62.78%.
Apr 30, 2026 22:08
Diverse Holiday Production Plans Among Chinese Wire and Cable Enterprises as Labour Day Nears
Apr 30, 2026 22:03
Diverse Holiday Production Plans Among Chinese Wire and Cable Enterprises as Labour Day Nears
Read More
Diverse Holiday Production Plans Among Chinese Wire and Cable Enterprises as Labour Day Nears
Diverse Holiday Production Plans Among Chinese Wire and Cable Enterprises as Labour Day Nears
[SMM Wire and Cable Holiday Survey] As the Labour Day holiday approaches, SMM conducted an in-depth survey on holiday production arrangements among 13 mainstream wire and cable enterprises in China, with a combined sample capacity of 1.67 million mt. The survey showed that enterprises' holiday production plans were divergent. Most enterprises followed their usual practice of maintaining production during the holiday; some enterprises, however, chose to halt production during the holiday due to weakening orders, adjusting their production pace to ease finished product inventory pressure.
Apr 30, 2026 22:03
June 5 Shanghai copper spot market KuaiBao - Shanghai Metals Market (SMM)