Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Commodities

Copper Prices Weaken as SHFE/LME Ratio Narrows

Guavy AI Editorial Team
Instruments
Copper
Share

The Shanghai Metals Market reported that on September 10, the average warrant price for copper fell by $5/mt from the previous trading day to $80/mt. The average B/L price also dropped by $5/mt to $80/mt, while the average EQ copper (CIF B/L) price declined by $8/mt to $47/mt.

The SHFE/LME price ratio weakened on this day, and the Contango structure between LME September and October dates expanded. Spot premiums fell as a result of these changes.

Market activity was limited due to conferences attended by most mainstream participants during the week. Registered warrants were quoted at around $85/mt, while late-September EQ copper traded at approximately $38/mt.

More on Commodities

Commodities 10m ago

Central Banks Flock to Gold as Inflation-Beating Store of Value

Commodities 16m ago

US-Iran Tensions Push Gold Near $4,400 as Oil Surges Past $100

Commodities 16m ago

Lithuania Locks in Long-Term LNG Deal for Residential Consumers

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy