SMM December 8 News:
Today, in North China, spot #1 copper cathode prices against the front-month contract were at a discount of 300-240 yuan/mt, with an average discount of 270 yuan/mt, unchanged from the previous trading day. Transaction prices ranged from 91,720-92,080 yuan/mt, with an average price of 91,900 yuan/mt, up 755 yuan/mt from the previous trading day. Copper prices remained high and difficult to decline, market demand was weak, with few inquiries, and trading activity was sluggish. Today, in North China, purchasing sentiment for copper cathode was 1.01, unchanged from the previous trading day, while selling sentiment was 1.77, down 0.08 from the previous trading day ().
