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1.64% 6.2¢ hillgrove resources limited

Copper Price, page-14

  1. Opex
    170 Posts.
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    15/12/22
    09:30
    Post #: 65319571
    And meanwhile on the Shanghai Futures Exchange, March 23 delivered copper benchmark contract price is 70,650 yuan or about $14814 AUD per tonne.

    Significantly higher than both the LME and the New York Commodities exchange prices.

    Physical shortages probably go someway in explaining this- but it's still a 19% difference.

    How can this be?
    https://hotcopper.com.au/data/attachments/4913/4913761-406dc443c3bf113aebe28e4055f20a9c.jpg
    HGO Price at posting: 6.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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