Pan Pacific Copper Proposes Record-High 2026 Copper Premiums for Japanese Clients

Published: Jan 9, 2026 22:55

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【SMM News Flash】Pan Pacific Copper (PPC) proposed copper premiums for domestic Japanese customers last month, reaching as high as $330 per mt for 2026, a record high. The company is Japan's largest supplier of copper cathode. This spot delivery price, more than three times the $88 in 2025, is a premium on top of the three-month LME copper futures and reflects the supply-demand fundamentals. It also covers costs, including transportation and taxes.

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