The local prices are expected to be released soon, stay tuned!
Got it
+86 021 5155-0306
Language:
SMM
Sign In
Base Metals
Aluminum
Copper
Lead
Nickel
Tin
Zinc
New Energy
Solar
Lithium
Cobalt
Lithium Battery Cathode Material
Anode Materials
Separator
Electrolyte
Lithium-ion Battery
Sodium-ion Battery
Used Lithium-ion Battery
Hydrogen Energy
Energy Storage
Minor Metals
Silicon
Magnesium
Titanium
Bismuth/Selenium/Tellurium
Tungsten
Antimony
Chromium
Manganese
Indium/Germanium/Gallium
Niobium/Tantalum
Other Minor Metals
Precious Metals
Rare Earth
Gold
Silver
Palladium
Platinum/Ruthenium
Rhodium
Iridium
Scrap Metals
Copper Scrap
Aluminum Scrap
Tin Scrap
Ferrous Metals
Iron Ore Index
Iron Ore Price
Coke
Coal
Pig Iron
Steel Billet
Finished Steel
International Steel
Others
Futures
SMM Index
MMi
Tight Supply Liquidity Hardly Heard of Deals Far-Month B/L Offers Remain High [SMM Yangshan Spot Copper]
Mar 21, 2025, at 1:34 pm
March 21, 2025: Warrant prices were $65-75/mt, QP April, with the average price up by $5/mt from the previous trading day; B/L prices were $91-105/mt, QP April, also with the average price up by $5/mt. EQ copper (CIF B/L) was at $30-40/mt, QP April, with the average price unchanged, referencing shipments arriving in mid to late March and early April. The SHFE/LME price ratio for imports against the SHFE 2504 contract was around -800 yuan/mt. LME 3M-Apr was at C$18.64/mt, and the carry between April and May dates was near C$14.95/mt. Spot transactions were scarce during the day, with active inquiries among traders but limited available supply. There were reports of high offers for some forward B/Ls, indicating tightening liquidity. High-quality ER copper warrant prices were at $75/mt, mainstream pyrometallurgy at $70/mt, and hydrometallurgy at $65/mt. High-quality copper B/Ls were at $105/mt, mainstream pyrometallurgy around $98/mt, and hydrometallurgy at $91/mt. CIF B/L EQ copper was at $30-40/mt, with an average of $35/mt.
