Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Car Insight

Home / Metal News / SMM Review And Forecast Of Spot Copper Market In Shandong

SMM Review And Forecast Of Spot Copper Market In Shandong

Jun 26, 2023 15:33

Source:SMM

Spot premiums rose and then fell last week. Stockpiling driven by the Dragon Boat Festival and some processing companies worrying about further gains in spot quotes bolstered spot premiums slightly.

Spot premiums rose and then fell last week. Stockpiling driven by the Dragon Boat Festival and some processing companies worrying about further gains in spot quotes bolstered spot premiums slightly.

Last Wednesday, most downstream companies that had completed stockpiling refrained from purchasing against higher copper prices. Spot premiums dropped to 270 yuan/mt. This week, spot quotes in Shandong will inch lower amid high copper prices.

Market review

For queries, please contact William Gu at williamgu@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SHFE Zinc has been supported and moved upward [SMM Zinc Morning Comment]

Overnight, LME zinc prices opened at US$2,581/ton and reached a low of US$2,567/ton during the period. During the European trading session, LME zinc prices moved up and hit a high of US$2,605.5/ton, finally closing at US$2,587/ton, up US$0.5/ton, or 0.02%.

time

Jan 26, 2024 09:53

SMM renewable energy industry data

SMM renewable energy industry data

time

Jan 22, 2024 17:51

SMM Aluminium Market Morning Comment (Jan 19)

Overnight, the most-traded SHFE 2403 aluminium contract opened at 18,745 yuan/mt, with high and low at 18,760 yuan/t and 18,665 yuan/mt before closing at 18,700 yuan/mt, down 65 yuan/mt or 0.35%.

time

Jan 19, 2024 10:08

Weak real estate data hurts market confidence, SHFE zinc prices declined [SMM zinc morning comment]

LME zinc prices opened at $2548/mt last evening and closed down $86.5/mt or 3.39% at $2466.5/mt. Trading volume increased to 11397 lots, and open interest decreased by 1323 lots to 208,000 lots. LME zinc inventory dropped by 1600 mt or 0.77% to 205700 mt.

time

Jan 18, 2024 09:58

SMM magnesium price

SMM magnesium price

time

Jan 11, 2024 16:04

Cost Support To Coke Prices Weakens

Low-sulfur coking coal in Lvliang, Shanxi was quoted at 2,300 yuan/mt, while the quotation was 2,250 yuan/mt in Linfen and 2,100 yuan/mt in Tangshan.

time

Oct 18, 2023 16:52

Cost Support To Coke Prices Weakens

Iron ore price in Tangshan still under downward pressure

Affected by the sharp drop in futures prices, steel mills in the Tangshan area lowered their purchase prices of iron ore concentrate by 20-25 yuan/mt.

time

Oct 11, 2023 18:10

Iron ore price in Tangshan still under downward pressure

SMM Zinc Morning Comment

The most-traded SHFE 2303 zinc contract fell after opening lower at $2514.5mt, and finally closed at $2481/mt, down $31/mt or 1.23%. Trading volume

time

Oct 11, 2023 09:53

SMM Zinc Morning Comment

Overnight, LME zinc prices opened at $2537/mt and closed down $50/mt or 1.97% at $2489/mt.

time

Sep 20, 2023 10:27

SMM Morning Comment For Aluminium Market On September 20

Overnight, the most-traded SHFE 2310 aluminum contract opened at 19,325 yuan/mt and went down before closing at 19,160 yuan/mt, down 75 yuan/mt or 0.39% compared with the previous trading day.

time

Sep 20, 2023 09:28

SMM Morning Comment For Aluminium Market On September 20

SMM Events & Webinars

Oct
29
- APAC TIN INDUSTRY CONFERENCE 2024
  Oct 29 - 30,2024
  Shenzhen·Guangdong·China
Nov
05
- APAC (9th) Stainless Steel Industry Conference 2024
  Nov 05 - 07,2024
  Fujian, China
Nov
24
- 2024 SMM Middle East Secondary Metal Filed Trip
  Nov 24 - Dec 01,2024
  UAE

MOST POPULAR

1.NEV Magnet Wire Industry Opportunity Discovery

2.Copper Substitution Market Study-Consumer Durables

3.Copper Substitution Market Study-Construction

4.Copper Substitution Market Study-Power Distribution

5.Copper Substitution Market Study-Power Transmission

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.