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Spot premium dropped

机译:现货溢价下降

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摘要

Traders have reported that spot premium quotations for imported cathode have dropped in the past two weeks. The latest quotations for imported cathode are around $30-70/t. The premium for imported EW cathode is around $30-50/t. The negative arbitrage between the SHFE and LME prices has now persisted for more than four months, and the SHFE/LME cash price ratio has also continued to decline recently, which is the direct reason for the spot premium dropping.
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