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Suppliers Faced Relatively Small Upstream Shipment Pressure and Remained Confident in Holding Prices Firm [SMM North China Spot Copper]

Suppliers Faced Relatively Small Upstream Shipment Pressure and Remained Confident in Holding Prices Firm [SMM North China Spot Copper]

AI Briefing

  • Suppliers faced relatively small upstream shipment pressure, remained confident in holding prices firm.
  • Spot prices of #1 copper cathode in North China were reported at discounts of 100 yuan/mt to 40 yuan/mt.
  • Average price up 10 yuan/mt from the previous trading day, down 240 yuan/mt from the previous day.
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