U.S. Government May Take Equity Stakes in Critical Minerals Companies
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The sharp pullback in copper futures boosts end-user procurement, buying and selling sentiment heats up, and the spot discount narrows [SMM North China Spot Copper].
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The sharp pullback in copper futures boosts end-user procurement, buying and selling sentiment heats up, and the spot discount narrows [SMM North China Spot Copper].
Today, in North China, spot #1 copper cathode prices against the front-month contract were quoted at an average discount of 260-160 yuan/mt, with the average discount at 210 yuan/mt, down 10 yuan/mt from the previous trading day. The average transaction price was 102,990 yuan/mt, down 990 yuan/mt from the previous trading day.
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![Night Session SHFE/LME Price Ratio Improves, Morning Yangshan Copper Premiums Rise [SMM Yangshan Spot Copper]](https://imgqn.smm.cn/usercenter/Fxolk20251217171712.jpg)
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Night Session SHFE/LME Price Ratio Improves, Morning Yangshan Copper Premiums Rise [SMM Yangshan Spot Copper]
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![Copper prices continued to decline, suppliers began to hold prices firm and sell, and spot premiums bottomed out. [SMM South China Copper Spot]](https://imgqn.smm.cn/usercenter/jlrsy20251217171711.jpg)
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Copper prices continued to decline, suppliers began to hold prices firm and sell, and spot premiums bottomed out. [SMM South China Copper Spot]
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Copper prices continued to decline, suppliers began to hold prices firm and sell, and spot premiums bottomed out. [SMM South China Copper Spot]
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Copper prices continued to decline, suppliers began to hold prices firm and sell, and spot premiums bottomed out. [SMM South China Copper Spot]
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