El aumento de los precios del cobre redujo la demanda

[SMM Shanghai Spot Copper] Looking ahead to tomorrow, Shanghai spot copper premiums are expected to persist, but the overall center may edge lower. During the day, some suppliers proactively cut prices to offload cargo, leading to a rapid decline in market quotes. Although some suppliers showed a stronger willingness to hold prices firm after low-price deals, SMM recorded Shanghai social inventory at 68,300 mt, up 2,200 mt WoW from Monday, and Jiangsu social inventory at 22,000 mt, up 2,400 mt WoW from Monday, marking the first slight inventory buildup in over three weeks. The low-inventory logic that previously supported higher premiums is weakening marginally. Coupled with downstream still dominated by just-in-time procurement, tomorrow's spot premiums are expected to still face downward pressure, but suppliers holding prices firm may limit the decline.

Hoy, el cátodo de cobre #1 al contado en el norte de China, frente al contrato del mes corriente, se cotizó con primas de entre 80 y 130 yuan/mt, con una prima media de 105 yuan/mt, 55 yuan/mt menos que la jornada anterior. El precio medio de transacción fue de 106.270 yuan/mt, 140 yuan/mt menos que la jornada anterior.