【SMM Yangshan Premium】Since yesterday afternoon, market activity has picked up significantly, with buyers actively seeking EQ bills of lading arriving in late November. Sellers have raised their offers accordingly.
Reportedly, some warehouse warrants are quoted at $30–40/mt (QP December), with a few deals concluded at $28–33/mt (QP December).ER copper B/Ls arriving in late November are quoted at $50–65/mt (QP December), while a few transactions were heard at $40–55/mt. EQ B/Ls for late November to early December arrivals are being offered at $5–13/mt, and some December-arrival EQ cargoes reportedly traded at $5–10/mt (QP December) during the morning session.

![Bầu không khí giao dịch thị trường trì trệ, giá giao ngay giảm về 110 nhân dân tệ/tấn [Đánh giá hàng tuần đồng cathode giao ngay Sơn Đông của SMM]](https://imgqn.smm.cn/usercenter/udUol20251217171712.jpg)

