On June 29, the warrant average price rose $1/mt from the previous trading day, settling at $68/mt (price range $64-72/mt); the B/L average price remained flat from the previous trading day, settling at $69/mt (price range $64-74/mt); the EQ copper (CIF B/L) average price rose $3/mt from the previous trading day, settling at $41/mt (price range $37-45/mt), with quotes referencing arrivals in early July.
During the day, the SHFE/LME price ratio weakened, and with trading relatively concentrated last week, today's market activity was sluggish, with only a very few spot cargo offers.
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