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.

October 1, 2018

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

Copper rattled by tariffs, clarity yet to come | Hotter Commodities

The global copper market has finally received the widely anticipated news that imports to the US will be tariffed from August 1. The finer details of the tariffs, including their scope, and whether key copper-exporting nations like Chile, Canada and Peru will be exempt, remain unclear.

July 10, 2025

By Andrea Hotter

LME copper slides on Trump 50% tariff threat

LME copper prices took a significant hit following US President Donald Trump's announcement of a potential 50% tariff on copper imports. The uncertainty surrounding the timeline and implementation of the tariff has left market participants hesitant, with analysts noting its immediate impact on price momentum and trading activity.

July 10, 2025

By Benjamin Wein

Launch of Aluminium P1020A, FOB Indonesia premium assessment: pricing notice

Fastmarkets has launched MB-AL-0424 Aluminium P1020A premium, fob Indonesia, $/tonne on July 9 due to an expected increase in Indonesia-origin aluminium exports. MB-AL-0424 Aluminium P1020A premium, fob Indonesia, $/tonneQuality: P1020A or 99.7 % Minimum Al purity (Si 0.10% max, Fe 0.20% max) in line with LME specifications. Ingot, T-bar, sowQuantity: Min 500 tonnesLocation: FOB IndonesiaTiming: […]

July 9, 2025

By Zachary Tia

Clarification of methodology for MHP nickel payable indicator: pricing notice

To increase the transparency of our methodology, Fastmarkets clarifies that the quotation period of the MHP nickel payable indicator is the month of delivery, or the month M. Any data points Fastmarkets received otherwise will be normalized to the M month based on the monthly spreads of the prevailing exchange-traded Class-1 nickel reference price, or […]

July 7, 2025

By Dylan Duan

‘Probably miscalculated’ assumptions at Kakula mine force Ivanhoe to overhaul entire Kamoa-Kakula complex: CEO

'Probably miscalculated’ assumptions at Kakula mine force Ivanhoe to overhaul entire Kamoa-Kakula complex, explains CEO Marna Cloete.

June 27, 2025

By the Fastmarkets team

Proposal to amend specifications of Fastmarkets US copper cathode premium and all-in price

Following an initial consultation with the market, Fastmarkets is proposing to: The new specifications would be as follows, with amendments in italics: MB-CU-0002 Copper grade 1 cathode premium, ddp Midwest US, US cents/lb Quality: Grade A 99.9935% min copper cathode conforming to LME specifications BS EN 1978:2022 – Cu-CATH-1 or Grade 1 Electrolytic Copper Cathode ATSM B1115-10 Quantity: Min […]

June 13, 2025

By Rae Boyadjis