SMM

►Spot premiums surged significantly on the first day after contract rollover, with overall trading activity remaining weak [SMM spot copper in South China]

►Premiums and discounts soared after contract rollover, with overall market activity showing signs of rebound [SMM spot copper in North China]

►Premiums and discounts for copper spot cargo in Guangdong market at different time intervals on May 16 (fourth interval at 10:45) [SMM price]

►[SMM Nickel Midday Review] On May 16, refined nickel premiums remained flat, while refined nickel prices dropped slightly

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