Spot Premiums Edge Up, Market Recovers Somewhat [SMM North China Spot Copper]

Published: Jun 9, 2026 11:14

Save

Today, in North China, #1 copper cathode spot against the front-month contract was quoted with discounts ranging from 280 yuan/mt to 200 yuan/mt, averaging a discount of 240 yuan/mt, up 20 yuan/mt from the previous trading day. The average transaction price was 103,925 yuan/mt, up 75 yuan/mt from the previous trading day.

SMM, June 9:

Today, the spot #1 copper cathode in North China against the front-month contract was quoted at an average discount of 280-200 yuan/mt, with an average discount of 240 yuan/mt, up 20 yuan/mt from the previous trading day. The average transaction price was 103,925 yuan/mt, up 75 yuan/mt from the previous trading day. As the center of copper prices moved downward, market demand recovered somewhat, and coupled with the approaching delivery date, the center of spot premiums continued to rebound. Today, the procurement sentiment for copper cathode in North China was 2.11, up 0.04 from the previous trading day, and the shipment sentiment was 1.83, down 0.05 from the previous trading day ().

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

China's May 2026 Copper Concentrate Imports Up 0.40% MoM, Down 1.73% YoY

[SMM Imported Copper Concentrate] According to the latest data from the General Administration of Customs, China's copper concentrate imports in May 2026 were 2.361 million mt, up 0.40% MoM but down 1.73% YoY. In January-May 2026, cumulative copper concentrate imports reached 12.275 million mt, a slight cumulative YoY decrease of 1.0%.

1 hour ago

Inventory continues to decline, suppliers sharply hold prices firm while selling, spot premiums surge [SMM South China Spot Copper]

1 hour ago

April 2026: Divergent Market Performance in HVAC, Home Appliances, and Refrigeration Sectors

According to the latest monthly industry chain summary data released by ChinaIOL, in April 2026, market performance diverged significantly across the four major sectors—HVAC, home appliances, refrigeration and freezing, and supply chain. The air conditioning industry chain declined across the board MoM and showed mixed performance YoY, while most home appliance and refrigeration/freezing products displayed solid growth momentum. In terms of domestic sales and exports, export performance was generally better than domestic sales.

1 hour ago