La producción japonesa de cátodos de cobre en el primer semestre de 2026/27 aumentará un 3,3 % interanual; PPC prevé un crecimiento del 7,5 %

[SMM Shanghai Spot Copper] Looking ahead to tomorrow, enterprises with pre-holiday stockpiling demand have largely completed their stockpiling activities, and market trading is likely to turn sluggish. From the supplier side, with month-end settlement approaching, willingness to sell remains weak. Cargoes with invoices dated this month are priced relatively high, and available low-priced supplies are limited, providing strong support for spot premiums. Supply side, the import window has opened, and expectations of ex-China cargo inflows are strengthening. However, considering logistics and customs clearance delays, the short-term impact on the spot market is limited, and attention should be paid to the pace of post-holiday arrivals. Overall, Shanghai spot copper prices against the 2605 contract are expected to maintain a premium tomorrow.

Hoy, los precios spot del cátodo de cobre #1 en el norte de China frente al contrato del mes próximo se situaron con un descuento de 180 yuanes/t a un descuento de 100 yuanes/t, con un descuento medio de 140 yuanes/t, un aumento de 20 yuanes/t respecto al día de negociación anterior. El precio medio de transacción fue de 101.375 yuanes/t, una caída de 475 yuanes/t respecto al día de negociación anterior.