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Copper Prices Rebounded as Demand Cooled, and Spot Premiums Declined [SMM North China Spot Copper]

Copper Prices Rebounded as Demand Cooled, and Spot Premiums Declined [SMM North China Spot Copper]

AI Briefing

  • Copper spot price rebounded with discounts narrowed to 110-50 yuan/mt from previous day's range of 120-80 yuan/mt.
  • Average transaction price rose 1,120 yuan/mt to 93,960 yuan/mt.
  • Average spot premium declined.
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