Copper Futures Warrants Flow Out, Spot Discounts Narrow in Shanghai and Jiangsu

Published: Apr 2, 2026 18:13

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[SMM Copper Flash News] During the day, copper futures warrants continued to flow out by 7,475 mt, including 2,745 mt from Shanghai, 4,129 mt from Guangdong, and 601 mt from Jiangsu. At present, spot discounts for copper cathode in Shanghai and Jiangsu have narrowed, while in Guangdong, quotes were firmer due to continued destocking.

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