Premiums for commodity grade copper cathodes continued to trend lower in Shanghai in the week to Tuesday March 16, with the market there failing to meet expectations of a roaring post-holiday import boom, while in the United States storms in Texas have disrupted industry and could hamper demand.
Worsening Shanghai arbitrage softens China import premiums Texas storms could limit spot demand in the US SHFE CEO says INE BC contract could take delivery in warehouses outside China Lack of buying appetite weighs on Shanghai copper premiumSpot buying interest is diminishing due to a growing arbitrage loss,...