A 3.2-Magnitude Earthquake Shocks Shaanxi on Mine Earthquake or Collapse

SMM Morning Meeting Summary: Overnight, LME copper opened at $13,206/mt. In early trading, the copper price center dipped to $13,146/mt, then drifted higher, and near the end of the session touched a high of $13,270/mt, eventually closing at $13,255/mt, down 0.6%. Trading volume reached 24,000 lots, and open interest reached 246,000 lots, a decrease of 972 lots from the previous trading day, indicating long liquidation. Overnight, the most-traded SHFE copper 2608 contract opened at 101,890 yuan/mt. In early trading, the price center dipped to 101,640 yuan/mt, moved sideways then rose, and near the end of the session touched a high of 102,230 yuan/mt, eventually closing at 102,130 yuan/mt, down 0.7%. Trading volume reached 41,100 lots, and open interest reached 152,000 lots, an increase of 1,954 lots from the previous trading day, indicating bearish position building.

En juin 2026, le taux d’utilisation du fil machine de cuivre secondaire s’établissait à 14,04 %, en deçà des attentes de 14,23 %, en baisse de 0,66 point de pourcentage en glissement mensuel et de 19,57 points en glissement annuel. En juin, le marché du fil machine de cuivre secondaire a été marqué par trois thèmes principaux : la mise en œuvre intégrale des contrôles de conformité de l’auto-facturation, les prix du cuivre testant à plusieurs reprises la barre des 100 000, et la précocité des vacances de la Fête des Bateaux-Dragons.