SMM

Today, spot premiums of #1 copper cathode moved between 340-430 yuan/mt over the SHFE 2309 copper contract, and the average premium was 385 yuan/mt, up 20 yuan/mt from yesterday. The traded prices of standard-quality copper were 69610~69720 yuan/mt, and the high-quality copper was traded at 69670~69790 yuan/mt.