Copper Prices Fluctuate at Highs, Suppressing Consumption and Hindering Demand Recovery [SMM North China Spot Copper]

Feb 21, 2025, at 11:37 am

SMM, February 21: Today, spot copper in North China was quoted at a discount of 360-300 yuan/mt against the front-month contract, with an average discount of 330 yuan/mt, up 10 yuan/mt from the previous trading day. Transaction prices ranged from 76,990-77,230 yuan/mt, with an average price of 77,110 yuan/mt, up 205 yuan/mt from the previous trading day. Copper prices fluctuated at highs, while downstream demand showed signs of weakness. Intraday transactions were mostly scattered small orders, and spot premiums/discounts remained at low levels. If copper prices do not pull back, the current market demand is not expected to see a significant recovery. » Subscribe to view historical SMM metal spot prices.

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10 months ago
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Copper Prices Fluctuate at Highs, Suppressing Consumption and Hindering Demand Recovery [SMM North China Spot Copper]

Weekly Review of Tungsten Market on February 21 [SMM Tungsten Weekly Review]

Guangdong Zinc: Futures Market Uptrend Suppresses Downstream Demand, Guangdong Premium Declined Today [SMM Midday Review]