SMM

[SMM Morning Meeting Summary: Copper Prices Rise Rapidly Amid Weak US Dollar and Tight Supply] On June 26, spot prices of SMM #1 copper cathode against the 2507 contract for the current month were reported at a premium of 30-100 yuan/mt, with an average premium of 65 yuan/mt, up 35 yuan/mt MoM. Looking ahead to today, spot cargo is expected to be in tight supply, with smelters increasing export efforts. Domestic supply in Changzhou and other regions is expected to be tight, and premiums are expected to rise steadily...