Yangshan Copper Premiums Fell Due To Expanding Import Losses and Expectations for More Supply, Losses to Continue
- เม.ย. 18, 2023, at 9:49 am
- SMM
Yangshan copper premiums with a quotation period in April stood at $20-38/mt under warrants during April 10-14, with the average down $2.48/mt from a week earlier. Those stood between $30-48/mt under bill of lading with a quotation period in May, with the average flat from a week earlier. As of April 14, the SHFE/LME copper price ratio stood at 7.71, and import losses stood at 657 yuan/mt.