PRICING NOTICE: Correction to Metal Bulletin’s Shanghai spot in-warehouse copper premium

Due to a data error, Metal Bulletin’s spot premium assessment for Shanghai in-warehouse copper ER cathodes was published incorrectly on Monday June 11.

The premium assessment for grade A copper cathodes, Shanghai, bonded in-warehouse ER, should have been $78-83 per tonne on June 11, instead of $78-82 per tonne as published earlier.

Metal Bulletin’s price book and database have been updated to reflect this change on the high end of the range.

To provide feedback on this price assessment or if you would like to provide information by becoming a data submitter to this assessment, please contact Archie Hunter by email at: pricing@metalbulletin.com. Please add the subject head “FAO: Archie Hunter, re: Shanghai copper premium”.

To see all Metal Bulletin’s pricing methodology and specification documents go to www.metalbulletin.com/prices/pricing-methodology

What to read next
The influential annual treatment and refining charge (TC/RC) benchmark that sets the price that smelters charge miners to process their copper concentrate could be at risk, according to multiple market sources, although most believe the system, or elements of it, will remain
Fastmarkets' initial low-carbon premium for nickel briquettes captured existing regional price differences, with growing awareness and legislative incentives indicating there is potential for a strong market to emerge
The Chilean government is pushing ahead with plans for a new copper smelter despite the global smelting crisis, Chile’s minister of mining, Aurora Williams told Fastmarkets, adding that the state will also play a key role in developing the country’s premium lithium assets
Just under two weeks ago, the chair of BHP made a phone call to his counterpart at mining peer Anglo American and set in motion a flurry of activity designed to create the largest copper producer in the world
Brazilian aluminium supply coming from Companhia Brasileira de Alumínio (CBA) is said to have tightened, helping to boost the P1020A ingot premium, market participants told Fastmarkets in the two weeks to Wednesday April 24
In anticipation of a tight market, copper concentrate traders have locked in 2025 volumes at notably low treatment charges, with deals being placed well below the long-term industry benchmarks