Copper Inventories in Major Domestic Regions Continued to Build Up Before Chinese New Year [SMM Weekly Data]

The most-traded BC copper contract closed up 0.43%, with trading activity sluggish as the Chinese New Year holiday approaches. [SMM BC Copper Review]

There was still restocking before the holiday, and the price spread between futures contracts was relatively large, stimulating spot premiums to fluctuate and rise. [SMM Southern China Spot Copper Cathode Weekly Review]

Platinum prices were in the doldrums during the day, with a strong holiday atmosphere and relatively sluggish spot trading. [SMM Daily Review]

Lead Futures: LME Outperforms SHFE, Domestic Fundamentals Drag Down Lead Prices [SMM Lead Morning News]