[SMM price] SMM Jintian copper pole quotation on July 27th

Published: Jul 27, 2020 10:07

Save

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

1 hour ago

Geopolitical Disruptions Drove BC Copper to Close Sharply Higher, SHFE and LME Inverted Price Spread Widened Further [SMM BC Copper Commentary]

1 hour ago

3 hours ago

Data: SHFE, DCE market movement (Jun 02)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 02 Jun , 2026

3 hours ago

4 hours ago

Copper Prices Rise as Consumption Weakens, Widening Price Spread Between Futures Contracts Supports Spot Discounts [SMM Shanghai Spot Copper]

[SMM Shanghai Spot Copper] Looking ahead to tomorrow, the center of copper prices is expected to shift upward, and downstream enterprise consumption is expected to weaken. However, as the Contango price spread between futures contracts widens on a month-over-month basis, suppliers' willingness to ship to delivery warehouses is expected to increase, while they hold prices firm and hold back from selling, potentially tightening available low-priced cargo and providing some support for spot discounts. Influenced by rising copper prices, the price difference between copper cathode and copper scrap is expected to widen, driving spot discounts on non-registered spot copper to expand further. Overall, under the influence of high copper prices and widening price spreads between futures contracts, Shanghai spot copper prices against the SHFE copper 2606 contract are expected to remain at discount levels tomorrow.

4 hours ago