SHFE Copper Futures Warrants See 6,258 mt Outflow, Shanghai Shifts to Premiums

Published: Apr 10, 2026 16:05

Save

【SMM Copper News Flash】According to SHFE data, a total of 6,258 mt of copper futures warrants flowed out today, of which the Shanghai region saw the largest outflow of 4,398 mt. It is worth noting that the Shanghai region has shifted from spot discounts to spot premiums.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Common.Time.minsAgo

Shanghai Copper Premiums to Stay Firm Amid Tight Supply and Rising Prices

Next week, Shanghai spot copper premiums are expected to remain firm. As delivery approaches, the price spread between the C contracts widened, supporting premiums. Rising copper prices may weaken some downstream orders, but existing demand and immediate procurement remain stable. Tight spot supply in Jiangsu further pushed up premiums. Overall, the premium of spot cargo against the SHFE 2604 contract is expected to continue.

Common.Time.minsAgo

1 hour ago

Data: SHFE, DCE market movement (Apr 10)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 10 Apr , 2026

1 hour ago

Common.Time.hoursAgo

Copper Pipe & Tube Operating Rate in March Significantly Exceeded Expectations

According to SMM data, the operating rate of copper pipe & tube enterprises was 82.45% in March, up 23.71 percentage points MoM and down 2.78 percentage points YoY.

Common.Time.hoursAgo