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Spot Premiums In Guangdong Copper Market To Fall This Week

iconJun 13, 2023 15:30
Source:SMM
This week, there will still be an increase in the shipments arrivals of imported copper. And the shipments of smelters near delivery will also increase.

This week, there will still be an increase in the shipments arrivals of imported copper. And the shipments of smelters near delivery will also increase.

But downstream consumption will not improve significantly against high copper prices.

In aggregate, SMM expects supply to grow and demand to weaken this week. And inventory would grow. Spot premiums should fall.


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