April 30, 2026: The average warrant price remained flat from the previous trading day, closed at $64/mt (price range $56-74/mt); the average B/L price remained flat from the previous trading day, closed at $61/mt (price range $51-73/mt); the average EQ copper (CIF B/L) price remained flat from the previous trading day, closed at $31/mt (price range $20-42/mt), with quotations referencing cargoes arriving from late April to early-to-mid May.
The intraday market was the same as yesterday, with only a few traders heard making just-in-time procurement of bonded warrants or registered copper B/L for post-holiday continuity, and the overall atmosphere remained sluggish. A small volume of ER copper B/L arriving in mid-to-late April was heard offered at $50/mt, QP May; late April EQ B/L was offered at $20/mt, mid-May arriving EQ B/L remained offered at $45-50/mt, with small volumes transacted at $38-40/mt, QP May. Within this week, deliverable general ER copper warrants were offered at $50-60/mt, with small volumes transacted at $50-55/mt, QP May.
