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July 16 SMM foreign mountain copper spot market express: foreign trade copper market remains light

iconJul 16, 2020 13:45
Source:SMM

SMM7 March 16: today's warehouse receipt quotation is US $93mur105 / ton, the average price is the same as the previous day; the bill of lading is quoted at US $82mur94 / ton, the average price is the same as the previous day, QP August. The LME0-3 discount is US $7.25 / tonne, and the import loss is around 100RMB / tonne.

Today, the turnover of the imported copper market remains light, the activity of both buyers and sellers is low, the willingness of the holder to ship goods has increased, and the quotations of some holders have been lowered, but the buyer still has a price reduction situation, and the transaction is still deadlocked, and the price stalemate remains the same for the time being. At present, the transaction price of the mainstream fire bill of lading arriving in Hong Kong in late July is about US $90 / ton, and the price of the warehouse receipt is relatively stable.

At present, the transaction price of fire good copper warehouse receipt is around 105 US dollars / ton, mainstream fire method 100 US dollars / ton, wet method 93 yuan / ton; good copper bill of lading is 94 US dollars / ton, mainstream fire method 90 US dollars / ton, wet method 82 US dollars / ton.

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