Les marges bénéficiaires à l'importation se sont réduites et l'enthousiasme d'achat des négociants en cuivre secondaire s'est refroidi

SMM Morning Meeting Summary: Overnight, LME copper opened at $13,231.5/mt, edged up to $13,308/mt in early trading, then drifted lower to touch a low of $13,190/mt, and finally closed at a high of $13,316/mt, up 2.22%. Trading volume was 26,000 lots, and open interest was 248,000 lots, up 306 lots from the previous trading day, indicating that bulls added positions. Overnight, the most-traded SHFE copper 2608 contract opened at 102,180 yuan/mt, edged up to 102,600 yuan/mt, then drifted lower to touch a low of 101,640 yuan/mt, and closed at 102,260 yuan/mt, up 1.03%. Trading volume was 55,000 lots, and open interest was 162,000 lots, down 2,799 lots from the previous session, indicating that bears reduced positions. On the macro front, US PCE data largely met expectations, and the US dollar index halted its three-day rally. Geopolitically, another vessel attack occurred in the Strait of Hormuz; Iran warned that unauthorized transits are "unacceptable," and Israel denied withdrawing troops from southern Lebanon, which heightened Middle East tensions again and pushed geopolitical risk premiums higher. These factors eased rate hike concerns, and the US dollar stopped rising and pulled back, helping copper prices stabilize and rebound.

[SMM Marché des anodes de cuivre] Avec la baisse des prix du cuivre, l'écart de prix entre le métal primaire et les déchets s'est réduit. Du 19 au 25 juin, le taux d'exploitation hebdomadaire SMM des producteurs nationaux de plaques d'anodes en cuivre issues de déchets a chuté de 2,48 points de pourcentage en glissement hebdomadaire pour atteindre 47,76 %, et devrait baisser de 2,49 points de pourcentage en glissement hebdomadaire la semaine prochaine pour atteindre 45,27 %.