Published: Oct 23, 2023 13:14
【SMM Shanghai Copper Spot】Domestic premiums have risen slightly in the day, with import arbitrage profits around 330 yuan/tonne for SHFE copper spot. On the bill of lading side, the arbitrage opened down, and the October arrival goods are still favored by the market, but most of the sources have been digested. Early inquiries were made for two brands arriving at the end of the month at 95 US dollars/tonne, with the center of gravity slightly rising. In terms of warehouse receipts, the market source is even more tense. A warehouse receipt major trader has sold out its sources for the month and early November, and the premium is easy to rise and difficult to fall.

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