According to the online query data from the General Administration of Customs, China's copper cathode exports in March reached 68,002 mt, more than doubling MoM. Last month, due to concerns that the US might impose additional tariffs on imported copper, LME copper continued to strengthen, outperforming both LME copper and SHFE copper. The situation where LME outperforms SHFE significantly boosted domestic copper export enthusiasm.
Data source: General Administration of Customs
