Arrival of Additional Cargoes Eases Shanghai Copper Supply Tightness,压抑下游需求

Published: Jul 24, 2025 13:42
The arrival of additional cargoes at smelters during the day alleviated the tight spot supply in the Shanghai region. Coupled with the continuous surge in copper prices, downstream purchasing sentiment was suppressed, and the purchasing sentiment index fell to 3.01. The sales sentiment rose to 3.25, guiding a decline in spot premiums for Shanghai spot copper.

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The arrival of additional cargoes at smelters during the day alleviate - Shanghai Metals Market (SMM)