Suppliers' Willingness to Sell Cools down, North China Spot Premiums Edge up [SMM North China Spot Copper]
Today in North China, spot #1 copper cathode against the front-month contract was quoted at premiums ranging from 40 yuan/mt to 140 yuan/mt, with an average premium of 90 yuan/mt, up 5 yuan/mt from the previous trading day. The average transaction price was 105,350 yuan/mt, up 315 yuan/mt from the previous trading day.