Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
New Energy
DashboardDatabaseProReportsEventsCar InsightSHANGHAI, May 15 (SMM) - Yangshan copper premiums averaged $27.89/mt under warrants in April, down $5.72/mt MoM, and $40.76/mt under bill of lading, up $2.59/mt MoM. In mid-to-late April, LME copper stocks kept growing. LME copper prices fell more sharply than SHFE copper prices amid escalated US banking crisis. Therefore, import losses eased, allowing the premiums of cargoes under B/L to rebound after initial drop.
For queries, please contact William Gu at williamgu@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn