SHANGHAI, May 12 (SMM) – Spot copper quoted between a RMB 20/mt discount and a premium of RMB 90/mt to SHFE 1505 copper contract in Shanghai early May 12. Standard-quality copper traded at RMB 45,800-45,860/mt, and high-quality copper sold for RMB 45,820-45,920/mt.
Some speculators sourced goods in the market and some traders also purchased goods to deliver term contracts, helping lifting spot premiums. Downstream buyers purchased at lows, enlivening spot trading.

![Durante el período festivo en China, el plomo en la LME continuó consolidándose dentro de un rango [SMM Lead Morning Update]](https://imgqn.smm.cn/usercenter/mfCMp20251217171721.jpeg)
![Bajo inventario de lingotes de plomo antes de las vacaciones y escasa actividad comercial; se espera que los precios del plomo se consoliden a la baja [Resumen de la reunión matutina sobre plomo de SMM]](https://imgqn.smm.cn/usercenter/XMxKT20251217171720.jpeg)
