SMM7 March 15 North China Copper spot Market Express: the price difference fluctuated sharply in the same month and the spot quotation went higher in that month.

Published: Jul 15, 2020 17:27

SMM July 15: today, the spot of electrolytic copper in North China quoted a price of 30 to 100 yuan / ton for the contract of that month, with a transaction price of 52380 yuan / ton to 52550 yuan / ton. Copper in Shanghai continued to consolidate at a high level, rising slightly to around 52400 yuan / ton, an increase of about 300 yuan / ton. Traders quoted a price of 30 to 100 yuan per ton for that month, and the average price of the discount was 50 yuan / ton higher than that of yesterday; due to the sharp fluctuation of the price difference between the current month and the other month, the disk price difference returned and widened from 40 yuan / ton to 100 yuan / ton range, and the next month's quotation was maintained at 10 yuan / ton, and the transaction was still biased.

(Chen Ming 021 muri 51595816)

 

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
SMM7 March 15 North China Copper spot Market Express: the price difference fluctuated sharply in the same month and the spot quotation went higher in that month. - Shanghai Metals Market (SMM)