[Cu Price] Premiums on China Imported Copper Climb on Brisk Trades

Published: Jul 28, 2015 10:16

Save

The Yangshan copper premiums, published by SMM, climbed $11 per tonne last week to $65-80 in the week of July 20-24, with trading livened up, matching SMM forecast.

SHANGHAI, Jul. 28 (SMM) – The Yangshan copper premiums, published by SMM, climbed $11 per tonne last week to $65-80 in the week of July 20-24, with trading livened up, matching SMM forecast.

On July 24, the SHFE 1508 copper/LME copper price ratio was 7.37, up slightly from the 7.33 a week earlier.

“The higher price ratio allowed more profitable opportunities for importing copper, while cargo holders in China’s local market refrained from selling, giving a lift to imported copper demand,” SMM copper analyst said.

SMM research team predicts that the increase in premiums will slow this week as anemic demand and restrictions in L/C issuance will cool trading enthusiasm.

Copper Premium and Discount 7 Day Chart

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

Cu price Yangshan Copper Premium China copper 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 for 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

2 hours ago

Dual Demand Strengthens, Copper Foil Market to Embrace Upward Cycle in 2026 [SMM Analysis]

SMM Analysis: Since Q4 2025, end-use demand in the copper foil industry has fully erupted, the industry has shown high prosperity, and processing fees for various specifications of copper foil have been steadily rising...

2 hours ago

3 hours ago

Inventory Hit a New Low, Suppliers Actively Held Prices Firm, Premium Cumulatively Surged by 230 yuan/mt This Week [SMM South China Spot Copper]

3 hours ago

Rising copper prices dampen downstream buying interest, market cools down again [SMM North China spot copper]

Today, spot #1 copper cathode in North China against the front-month contract was quoted at discounts of 260-140 yuan/mt, with the average discount at 200 yuan/mt, down 10 yuan/mt from the previous trading day. The average transaction price was 104,490 yuan/mt, up 1,460 yuan/mt from the previous trading day.

3 hours ago