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Electrolytic copper and market situation
At present, the selling price of Shanghai Copper 09 1 1 on the Shanghai Stock Exchange plus the rising discount is the current (or real-time) price. Generally speaking, the market price does not include tickets, so it should be lower than the spot quotation. For example, at 1 1 yesterday Friday morning, the selling price of Shanghai Copper 09 1 1 was 5 1000, the premium copper premium 100 and the flat copper premium was 250. Without tickets, it is (5 1000- 100 or 250)*0.95 (calculated by deducting 5 percentage points from general market invoices) +65 (one ton standard freight in Sujiahang area) = premium copper price (48,420) flat copper (48,270). If invoices are included, it is sometimes due to the increase in insurance premiums.