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Demand unlikely to be Strong, Discounts on Spot Copper Went All The Way down in Shandong Last Week

  • mars 27, 2023, at 3:38 pm
  • SMM
Last week, spot discounts in Shandong went all the way down to 130 yuan/mt, and rebounded slightly to 110 yuan/mt on Friday. Copper prices continued to move upwards last week. Due to the weak demand, downstream companies have reduced purchases, and spot quotes were falling all the way.
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