【SMM Yangshan Premium】Since yesterday afternoon, market activity has picked up significantly, with buyers actively seeking EQ bills of lading arriving in late November. Sellers have raised their offers accordingly.
Reportedly, some warehouse warrants are quoted at $30–40/mt (QP December), with a few deals concluded at $28–33/mt (QP December).ER copper B/Ls arriving in late November are quoted at $50–65/mt (QP December), while a few transactions were heard at $40–55/mt. EQ B/Ls for late November to early December arrivals are being offered at $5–13/mt, and some December-arrival EQ cargoes reportedly traded at $5–10/mt (QP December) during the morning session.
![Altos precios del cobre frenan las compras de los transformadores; la tasa de operación y los nuevos pedidos siguen cayendo [Reseña semanal del mercado de alambre esmaltado de SMM]](https://imgqn.smm.cn/usercenter/mPNrH20251217171709.jpg)
