【SMM analysis: The spot premium price difference between Shanghai and

Published: Jan 10, 2024 14:22

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【SMM analysis: The spot premium price difference between Shanghai and Guangdong copper is reappearing. Is there an arbitrage opportunity at the beginning of the year?】After the New Year holiday, there was a significant difference in the spot premium performance of electrolytic copper between Shanghai and Guangdong. The tight social inventory in Guangdong and the existence of certain consumer support have made the spot premium firm. The spot premium in Shanghai basically showed a high, then low trend, leading to further widening of the price difference with Guangdong. This week, the spot premium prices in both Shanghai and Guangdong continued to expand to over 300 yuan/ton, gradually presenting an arbitrage opportunity. For more details, please see SMM analysis...

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