Sharp Drop in Copper Prices Left Downstream Buyers Wary of High Levels, and Market Wait-and-See Sentiment Gradually Strengthened [SMM North China Spot Copper]
![Sharp Drop in Copper Prices Left Downstream Buyers Wary of High Levels, and Market Wait-and-See Sentiment Gradually Strengthened [SMM North China Spot Copper]](https://static.metal.com/common.metal.com/images/header-en/smm-logo.png){kind=logo}
AI Briefing
- Spot copper prices in North China dropped 30 yuan/mt, unchanged from the previous day.
- Average transaction price was 92,840 yuan/mt, down 3,000 yuan/mt from the previous day.
- Market sentiment remains cautious due to high prices.
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