China copper premium rises amid favorable arbitrage, US premium flat

Copper premiums in China rose on Tuesday September 26 amid favorable arbitrage terms, and buyers were showing increased interest for bonded units, sources told Fastmarkets.

At the same time, the delivered premium in the United States was flat though there were signs of downward pressure brought about by the ongoing United Autoworkers (UAW) strike.
China

Published

Orla O'Sullivan

Dylan Duan

September 28, 2023

12:55 GMT

New York, Shanghai