SMM4 January 1 North China Copper spot Market Express

Published: Apr 01, 2020 17:55 (GMT+8)

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SMM, April 1: the current contract of electrolytic copper in North China today rose by 70 yuan / ton to 120 yuan / ton, with a transaction price of 39070 yuan / ton to 39600 yuan / ton. The center of gravity of copper in Shanghai period moved up to 39500 yuan / ton. On the first day of April, the market was still full of expectations for the landing of the future policy, and traders continued to ship goods for about 100 yuan, but individual smelters continued to sell goods in order to recover capital demand, with prices rising to less than 50 yuan / ton. Copper prices have suppressed consumption after the rise, and the overall buying performance today is average.

Copper copper price spot current copper

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

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