PRICING NOTICE: Correction to copper Grade A cathode in-warehouse bonded Shanghai premium

Due to an administrative error, the incorrect Shanghai copper low-high premium, Grade A, cathode, in-warehouse was published on Friday September 28.

The copper premium, basis in-warehouse Shanghai was incorrectly inputted as $100-120 per tonne on Friday. It should have been $100-115 per tonne, in line with the top end of the $110-115 per tonne assessed premium range for electro-refined (ER) cathodes

Fastmarkets MB’s price book and database have been updated to reflect this correction.

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

What to read next
Roughly 40,000 tonnes per month of copper cathode that once flowed smoothly into the United Arab Emirates (UAE) through Jebel Ali had few options to reroute after the Strait of Hormuz officially closed on Monday March 2, with the only alternative entry points — Khor Fakkan and Fujairah — already straining under the weight of diverted cargo, market sources told Fastmarkets.
Navigating market volatility with data-driven strategies for resilient mining operations
The publication of several of Fastmarkets' copper concentrates indices was delayed on Friday February 27 because of a technical error. Fastmarkets' pricing database has been updated.
Discover how fear, deglobalization and AI are transforming the copper market. Insights from the Fast Forward podcast's interview with David Lilley of Drakewood Capital.
Fastmarkets has corrected its MB-BX-0016 Bauxite, cif China, price assessment, which was published incorrectly on Friday February 20.
Fastmarkets invited feedback from the industry on the pricing methodology for its non-ferrous materials and industrial minerals prices, via an open consultation process between January 6 and February 6. This consultation was done as part of our published annual methodology review process.