The local prices are expected to be released soon, stay tuned!
Got it
+86 021 5155-0306
Language:  

Downstream restocking enthusiasm slowed, spot premiums/discounts pulled back [SMM North China Spot Copper]

  • Apr 01, 2025, at 11:15 am
In North China today, spot prices of #1 copper cathode against the front-month contract were at a discount of 180-120 yuan/mt, with an average discount of 150 yuan/mt, down by 20 yuan/mt from the previous trading day. The transaction price ranged from 79,660 to 80,050 yuan/mt, with an average of 79,855 yuan/mt, up by 55 yuan/mt from the previous trading day.

SMM April 1 News:

Today, spot prices of #1 copper cathode in North China against the front-month contract were at a discount of 180-120 yuan/mt, with an average discount of 150 yuan/mt, down 20 yuan/mt from the previous trading day. Transaction prices ranged from 79,660 to 80,050 yuan/mt, with an average of 79,855 yuan/mt, up 55 yuan/mt from the previous trading day. Following the sharp decline in copper prices and concentrated restocking in the market, downstream purchasing enthusiasm has slowed down today, with spot premiums/discounts pulling back and trading activity remaining moderate.

》Order to view SMM metal spot historical prices

  • Selected News
  • Copper
  • Wires-cables
Live chat via WhatsApp
Help us know your opinions in 1minutes.