Spot Market Was Sluggish During the Week, and Premiums and Discounts Continued to Decline This Week [SMM Guangdong Spot Cargo Weekly Review]

Copper prices fell sharply, with some downstream buyers making small restocking purchases, but overall trading remained sluggish [SMM South China Spot Copper]

Ahead of the Chinese New Year holiday, trading activity in the spot market was sluggish, and the price spread for primary lead across regions widened [SMM Weekly Review of the Refined Lead Spot Market]

There was still restocking before the holiday, and the price spread between futures contracts was relatively large, stimulating spot premiums to fluctuate and rise. [SMM Southern China Spot Copper Cathode Weekly Review]

Downstream buyers have largely completed restocking, but suppliers are still holding prices firm for shipments. [SMM South China Spot Copper]