Copper premiums up in China, steady in US

Copper premiums rebounded in China on the back of improved import terms in the week to Tuesday June 22, but they were flat in the US amid reluctant buying sentiment.

• Improved arbitrage terms drive up Shanghai premium
• SHFE revises specifications for copper cathode contract
• Buying sentiment cautious in the US
• US market quiet due to Juneteenth holiday

China copper premium...

Published

Sally Zhang

Yiwen Ju

Yasemin Esmen

June 22, 2022

10:39 GMT

Shanghai