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SMM Metal Spot Prices on April 29 | Copper Prices | Aluminum Prices | Lead Prices | Zinc Prices | Tin Prices | Nickel Prices | Steel | Rare Earths

Published: Apr 29, 2025 11:47

►Strong buying sentiment for stockpiling before Labour Day holiday, Shanghai spot copper premiums keep rising [[SMM Shanghai Spot Copper]]

►Suppliers took actions to clear inventory before the holiday, causing premiums for standard-quality copper to decline [[SMM South China Spot Copper]]

►Downstream industries stockpiled before the holiday, boosting market activity [[SMM North China Spot Copper]]

►SHFE copper premiums and discounts in Shanghai market on April 29 (fourth session) [[SMM Price]]

►Premiums and discounts for copper spot market in Guangdong on April 29 (fourth session at 10:45) [[SMM Price]]

►Shanghai zinc: Downstream inventory replenishment nearly completed, premiums remain stable [[SMM Midday Review]]

►Ningbo zinc: Limited market supply, spot premiums remain high [[SMM Midday Review]]

►Tianjin zinc: Weak buying sentiment from downstream industries, premiums continue to decline [[SMM Midday Review]]

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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.

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