》View SMM Copper Quotes, Data, and Market Analysis
》Subscribe to View Historical Price Trends of SMM Metal Spot
SMM March 10
Today's futures closing price at 11:30 was 78,160 yuan/mt, down 380 yuan/mt from the previous trading day. The average spot premiums/discounts stood at -5 yuan/mt, unchanged from the previous trading day. Today's secondary copper raw material prices fell by 100 yuan/mt MoM. Guangdong bare bright copper prices were 71,500-71,700 yuan/mt, up 200 yuan/mt from the previous trading day. The price difference between primary metal and scrap was 1,985 yuan/mt, down 273 yuan/mt MoM. The price difference between primary and secondary copper rods was 1,325 yuan/mt. According to the SMM survey, copper prices pulled back, and the price difference between primary and secondary copper rods remained above the advantageous level, leading to a slight recovery in downstream orders. Secondary copper rod enterprises indicated that the marginal recovery of expectations for the traditional consumption peak season is underway.

![재고 13주 연속 감소로 올해 최저치 경신; 현물 프리미엄 지속 상승 [SMM 화남 동 cathode 현물 주간 리뷰]](https://imgqn.smm.cn/usercenter/vdbfy20251217171709.jpg)
![수입 공급 보충과 백워데이션 확대가 맞물리며, 상하이 현물 구리 프리미엄 급등 후 하락 [SMM 상하이 현물 구리 주간 리뷰]](https://imgqn.smm.cn/usercenter/KTLHT20251217171714.jpeg)

