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The market activity showed mediocre performance, and spot premiums/discounts remained stable [SMM North China Spot Copper].
Apr 17, 2025, at 11:21 am
In North China today, spot prices of #1 copper cathode against the front-month contract were at a discount of 80-40 yuan/mt, with an average discount of 60 yuan/mt, unchanged from the previous trading day. The transaction price ranged from 75,870 to 76,050 yuan/mt, with an average of 75,960 yuan/mt, up 195 yuan/mt from the previous trading day.
SMM reported on April 17:
Spot prices of #1 copper cathode against the front-month contract in North China were at a discount of 80-40 yuan/mt, with an average discount of 60 yuan/mt, unchanged from the previous trading day. Transaction prices ranged from 75,870 to 76,050 yuan/mt, with an average of 75,960 yuan/mt, up 195 yuan/mt from the previous trading day. The market was mainly dominated by long-term contract deliveries, with supply and demand remaining stable. Spot premiums/discounts remained unchanged, and spot trading activity was moderate.
