SMM

Yangshan copper premiums with a quotation period in April stood at $33-45/mt under warrants during March 27-31, with the average down $9.2/mt from a week earlier. Those stood between $30-50/mt under bill of lading (B/L) with a quotation period in April. As of March 31, the SHFE/LME copper price ratio stood at 7.73.