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Physical Copper Trading Improves as Downstream Producers Go Bargain-Hunting (Oct. 10, 2014)

Physical copper in Shanghai was quoted Friday at a RMB 40-150/mt premium to the SHFE 1410 copper contract. Traded prices were RMB 48,300-48,400/mt for standard-quality copper and RMB 48,380-48,500/mt for high-quality copper. As SHFE copper leveled off, some middlemen continued buying high-quality ...

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