US copper market braces for influx of Chinese cathode

March 06, 2019 / www.metalbulletin.com / Article Link

The US spot copper premium, which has held at a four-year high since July 2018, could come under pressure from an anticipated influx of Chinese material, market participants told Fastmarkets AMM.

Fastmarkets AMM assessed the US copper cathode premium steady at 7-7.5 cents per lb delivered to the Midwest on Tuesday March 5; the premium is up by 26.1% from 5.5-6 cents per lb one year ago."There is talk that a lot of copper [from] China might be coming to the warehouses, which would really put a damper on this struggling market," a US supplier said."The Chinese copper exports is...

Recent News

Gold stocks reach new highs on metal price gain

August 25, 2025 / www.canadianminingreport.com

Rise in gold stocks propels TSXV Mining

August 25, 2025 / www.canadianminingreport.com

Market sees gold sector nearing full value overall after target upgrades

August 18, 2025 / www.canadianminingreport.com

Gold stocks gain even as metal pulls back

August 18, 2025 / www.canadianminingreport.com

Gold stocks rocket to new highs, valuations no longer inexpensive

August 11, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok