The local prices are expected to be released soon, stay tuned!
Got it
+86 021 5155-0306
Language:
SMM
Sign In
Base Metals
Aluminum
Copper
Lead
Nickel
Tin
Zinc
New Energy
Solar
Lithium
Cobalt
Lithium Battery Cathode Material
Anode Materials
Separator
Electrolyte
Lithium-ion Battery
Sodium-ion Battery
Used Lithium-ion Battery
Hydrogen Energy
Energy Storage
Minor Metals
Silicon
Magnesium
Titanium
Bismuth/Selenium/Tellurium
Tungsten
Antimony
Chromium
Manganese
Indium/Germanium/Gallium
Niobium/Tantalum
Other Minor Metals
Precious Metals
Rare Earth
Gold
Silver
Palladium
Platinum/Ruthenium
Rhodium
Iridium
Scrap Metals
Copper Scrap
Aluminum Scrap
Tin Scrap
Ferrous Metals
Iron Ore Index
Iron Ore Price
Coke
Coal
Pig Iron
Steel Billet
Finished Steel
International Steel
Others
Futures
SMM Index
MMi
Wider price spread between futures contracts, sluggish downstream buying interest, weaker spot premiums/discounts [SMM spot copper in North China]
May 07, 2025, at 11:08 am
Today, spot #1 copper cathode in North China was trading at a discount of 80 yuan/mt to 40 yuan/mt against the front-month contract, with an average discount of 60 yuan/mt, a decrease of 30 yuan/mt from the previous trading day. The transaction prices ranged from 77,980 yuan/mt to 78,540 yuan/mt, with an average price of 78,260 yuan/mt, an increase of 385 yuan/mt from the previous trading day.
SMM May 7 News:
Today, in North China, spot #1 copper cathode traded at a discount of 80 yuan/mt to 40 yuan/mt against the front-month contract, with an average discount of 60 yuan/mt, a decrease of 30 yuan/mt from the previous trading day. The transaction prices ranged from 77,980 yuan/mt to 78,540 yuan/mt, with an average price of 78,260 yuan/mt, up 385 yuan/mt from the previous trading day. Affected by the continued widening of the price spread between futures contracts, the downstream procurement sentiment was relatively sluggish today. Suppliers still faced inventory pressure, and spot premiums/discounts weakened, with market transaction activity declining compared to yesterday.
