Muted spot demand for copper cathode suppresses premiums globally

Losses on importing copper cathode into China widened in the week to Tuesday September 12 due to a fall in domestic premiums. This, in turn, caused some market participants to revert to trading other base metals, sources told Fastmarkets.

At the same time, a lack of spot demand for copper cathode was also felt in Southeast Asia and the United States. Although the premium in Southeast Asia fell, sources...


Sally Zhang

Yasemin Esmen

September 13, 2023

16:05 GMT

Shanghai, New York