Spot trading increases globally for copper cathode, pushing premiums higher

Spot trading increased in copper markets globally in the week ending Tuesday March 21 after consumers returned to the market, with premium increases in China, the US and Europe, though premiums in Germany consolidated their record high levels.

Shanghai EQ copper flips to premium

Buying interest in equivalent-grade (EQ) copper cathodes improved over the past two weeks in the Shanghai market due mainly to improving arbitrage and disruptions...

Published

Julian Luk

Yiwen Ju

Yasemin Esmen

Callum Perry

March 23, 2023

09:33 GMT

London, Shanghai, New York