Copper Futures Rise but Secondary Rod Demand Remains Sluggish
게시됨: Mar 20, 2025 18:22
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The futures closing price at 11:30 today was 81,510 yuan/mt, up 870 yuan/mt from the previous trading day. In Hubei, the discount of secondary copper rod against the front-month contract ranged from minus 1,410 to minus 1,310 yuan/mt, with an average discount of 1,360 yuan/mt. The quotation range for secondary copper rod was 80,100 to 80,200 yuan/mt. The discount of secondary copper rod against futures continued to widen. Secondary copper rod enterprises reported that despite price adjustments, market demand remained weak. Downstream companies showed low purchase willingness, and the overall trading atmosphere was cold. Enterprises also pointed out that raw material supply was tight. With high copper prices, they could only maintain restocking for essential needs, further constraining production.
데이터 출처 설명: 공개 정보를 제외한 모든 데이터는 SMM이 공개 정보, 시장 커뮤니케이션 및 SMM 내부 데이터베이스 모델을 기반으로 가공한 것입니다. 본 자료는 참고용이며 의사결정 권고를 구성하지 않습니다.