GLOBAL COPPER WRAP: Shanghai premiums hit 4-mth low

Copper cathode premiums have taken a dive in the main market in China, where buyers are able to pick up units at low levels that were last traded in late November 2020, sources told Fastmarkets.

Shanghai premiums drop to four-month lowSoutheast Asia copper premiums stableUnited States' copper premiums unmoved
China's copper import premiums collapse on sustained arbitrage loss
Premiums for imported grade-A copper cathodes to China slumped in the week to Tuesday April 13, with the arbitrage window now closed for more than two month, sources said.

Fastmarkets assessed the copper grade-A cathode premium, cif Shanghai at $40-50 per tonne on Tuesday, down by...

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