SMM

►Inventory increased significantly after the holiday. Suppliers took the initiative to lower prices and sell their spot copper [SMM spot copper in South China]

►No significant restocking activities were observed in the downstream sector after the holiday. Market transactions showed mediocre performance [SMM spot copper in North China]

►Premiums and discounts for spot copper in Guangdong market at different time intervals on June 3 (fourth interval at 10:45) [SMM price]

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