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Home / Metal News / SMM5 March 7 North China Copper spot Market Express

SMM5 March 7 North China Copper spot Market Express

May 7, 2020 17:22

Source:SMM

SMM, May 7: the current contract of electrolytic copper in North China today rose by 200 yuan / ton to 250 yuan / ton, with a transaction price of 43060 yuan / ton to 43230 yuan / ton. Copper price rebounded again 43000 yuan / ton gate finishing, smelter is still around 300 yuan / ton, but it is difficult to close, trade quotation 200 ~ 280 yuan / ton, but there are low prices, downstream continue to maintain just needed, the market transaction is weak.

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The most-traded SHFE aluminum contract opened at 21,190 yuan/mt, with the highest and lowest prices at 21,505 yuan/mt and 21,115 yuan/mt respectively, and closed at 21,450 yuan/mt in the overnight trading, up 350 yuan/mt or 1.51%.

Jan 26, 2022 14:52

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Oct 28, 2021 16:11

Analysis

Price Spread between Stainless Steel Spots and Futures Exceeds 2,000 yuan/mt as SS Contract Plunges

SMM Forecast: Copper Prices to Trend Lower in October amid Power Rationing

The production and new orders are expected to be affected by the intensifying power rationing in October.

Oct 11, 2021 17:40

SMM Insight SMM Comments

SMM Forecast: Copper Prices to Trend Lower in October amid Power Rationing

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Sep 13, 2021 17:19

Analysis

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SMM Morning Comments (Jul 23): Shanghai base metals were mostly higher on dovish ECB comments

Shanghai base metals mostly cruised higher on Friday morning amid dovish comments from European Central Bank. Meanwhile, their counterparts on the LME traded mixed.

Jul 23, 2021 10:00

SMM Comments

SMM Morning Comments (Jul 23): Shanghai base metals were mostly higher on dovish ECB comments

SMM Evening Comments (Jul 19): Shanghai nonferrous metals ended mixed as investors monitored virus and digested OPEC deal

SHFE nonferrous metals closed mixed on Monday July 19 as markets digested the latest OPEC + announcement regarding oil production, and continued to brood on inflation and rising Covid-19 cases.

Jul 19, 2021 18:00

SMM Comments

SMM Evening Comments (Jul 19): Shanghai nonferrous metals ended mixed as investors monitored virus and digested OPEC deal

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Jul 19, 2021 16:36

Industry

NDRC: To further release copper, aluminium, and zinc reserves, strictly penalise price bidding

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SMM data showed that the stocks fell 4,300 mt from the prior week to 435,500 mt as of Friday July 16.

Jul 16, 2021 13:24

Analysis

Shanghai bonded copper stocks fell 4,300 mt on week

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SMM Comments

SMM Morning Comments (Jul 16): Shanghai base metals rose across the board as jobless claims data helped

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SMM Comments

SMM Morning Comments (Jul 15): Shanghai base metals were mixed as traders digested inflation data, Fed comments

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SMM5 March 7 North China Copper spot Market Express

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

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