Copper Inventories Rise in East China, Spot Premiums Drop Amid Weak Buying Activity

Published: Jun 22, 2026 11:17

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[SMM Shanghai spot copper] During the Dragon Boat Festival holiday, copper cathode inventories in east China increased by over 10 kt. Although copper prices fell intraday, buying activity was not strong, and Shanghai spot copper premiums declined from the previous trading day. Currently, arrivals in east China are mainly from domestic smelters, including some shipments from smelters that were previously under maintenance and have resumed normal deliveries.

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