Dear Valued Customers,
In response to increasing trade activity in A-grade copper cathodes across India and Asia, as well as growing demand for localized premium assessments, Shanghai Metals Market (SMM) has conducted extensive market research and refined its pricing methodology. To help market participants better monitor copper cathode premiums in the Indian market and to strengthen SMM’s research coverage across the copper value chain, SMM will launch a new weekly premium assessment on September 23, 2026. Historical premium data will also be updated simultaneously on https://www.metal.com/, the official SMM website. The premium assessment will be updated at 12:00 PM India Standard Time (IST) every Wednesday. New Premium Assessment Copper Cathodes A Grade CIF Nhava Sheva Premium A weekly assessment of the premium for A-grade copper cathodes of Japanese origin delivered CIF Nhava Sheva Port, India, quoted in USD/tonne over the applicable LME copper spot price. The assessment is intended to provide market participants with a transparent reference for physical copper cathode premiums in India and support price negotiations and market analysis. We invite enterprises across the copper supply chain to participate in and support this pricing initiative as SMM continues to enhance its pricing services and market coverage for the global refined copper industries.
For further information, please contact:
Keira Yu 021-20707848 yushaoxue@smm.cn
Amit Hablani +91 9584367555 amit.hablani@smm.cn
Kaumudi Kashikar Gurjar +91 9881736108 kaumudi@smm.cn