PRICING NOTICE: Correction to Fastmarkets’ Shanghai bonded copper premiums

Fastmarkets has corrected its two Shanghai bonded copper premiums, which were published incorrectly on Wednesday June 10 due to an error.

Fastmarkets’ daily price assessment for copper grade A cathode ER premium, bonded in-whs Shanghai (MB-CU-0383) was originally published at $80-90 per tonne on June 10. This has now been corrected as $75-80 per tonne.

The copper grade A cathode SX-EW premium, bonded in-whs Shanghai (MB-CU-0382) was wrongly published at $75-80 per tonne on the same date. It has now been corrected as $70-75 per tonne.

Both prices were correctly mentioned in the pricing rationale of the copper grade A cathode premium, in-whs Shanghai which was set at $70-80 per tonne on June 10 to reflect the downward momentum for the day.

For more information or to provide feedback on this correction notice, or if you would like to provide price information by becoming a data submitter to this price, please contact Julian Luk or Archie Hunter by email at: pricing@fastmarkets.com. Please add the subject heading: FAO: Julian / Archie re: Shanghai bonded copper premiums.

To see all Fastmarkets’ pricing methodology and specification documents, go to www.fastmarkets.com/about-us/methodology.

What to read next
Fastmarkets proposes to amend its MB-STE-0782 steel billet export, fob ports Iran and MB-STS-0019 steel slab export, fob ports Iran assessments.
Fastmarkets proposes to amend its MB-STE-0896 steel slab import, cif Italy, $/tonne price assessment.
The publication of the following prices was delayed on Tuesday April 30 due to technical issues. Fastmarkets’ pricing database has been updated.
The publication of Fastmarkets’ cobalt hydroxide, min 30% co, inferred price was delayed on Tuesday April 30 due to a technical error. Fastmarkets’ pricing database has been updated.
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
After an extended consultation period, Fastmarkets has amended the frequency and publishing time of its MB-LI-0012 Spodumene min 6% Li2O, spot price, cif China price assessment.