In major warehouses in Guangdong, China. Premium on top of SHFE current month Prices. other deliveries normalized
Quality
Cu-CATH-1;Copper silver content ≥ 99.9935%
VAT Rate
Original price includes 13% VAT Rate
Tax Rebate Rate
No tax rebate rate
Partial Price Collection Notes
Overview:Guangdong's inventory edged up today, mainly due to increased arrivals and reduced warehouse withdrawals. With inventory building and copper prices notably higher, suppliers found it difficult to hold prices firm and sell, so they could only sell at yesterday's levels. However, downstream users merely purchased as needed, and overall trading was weaker than yesterday. Today, the purchasing sentiment for copper cathode in Guangdong was 2.61, down 0.05 from the previous trading day, while the selling sentiment was 2.85, down 0.05. Ultimately, the transaction price for standard-quality copper was 80 yuan/mt, flat from yesterday.
Trader: Today, standard-quality copper was quoted at a premium of 0 yuan/mt.
Downstream: Standard-quality copper traded in small volumes at a premium of 80 yuan/mt, while thick plate stood at 170 yuan/mt, unchanged from yesterday.
Upstream: No stock, no quotes today.
Downstream: No spot orders were purchased today, and a quotation of 80 yuan/mt was heard.
Trader: Copper prices rebounded. Downstream restocking was not as active today as yesterday, and only 300 mt were traded at 80 yuan/mt.
Upstream: Continued to sell at 80 yuan/mt as yesterday, with several hundred mt traded.
Overview:Guangdong's inventory edged up today, mainly due to increased arrivals and reduced warehouse withdrawals. With inventory building and copper prices notably higher, suppliers found it difficult to hold prices firm and sell, so they could only sell at yesterday's levels. However, downstream users merely purchased as needed, and overall trading was weaker than yesterday. Today, the purchasing sentiment for copper cathode in Guangdong was 2.61, down 0.05 from the previous trading day, while the selling sentiment was 2.85, down 0.05. Ultimately, the transaction price for standard-quality copper was 80 yuan/mt, flat from yesterday.
Trader: Today, standard-quality copper was quoted at a premium of 0 yuan/mt.
Downstream: Standard-quality copper traded in small volumes at a premium of 80 yuan/mt, while thick plate stood at 170 yuan/mt, unchanged from yesterday.
Upstream: No stock, no quotes today.
Downstream: No spot orders were purchased today, and a quotation of 80 yuan/mt was heard.
Trader: Copper prices rebounded. Downstream restocking was not as active today as yesterday, and only 300 mt were traded at 80 yuan/mt.
Upstream: Continued to sell at 80 yuan/mt as yesterday, with several hundred mt traded.