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SMM4 January 1 North China Copper spot Market Express
Apr 1,2020 17:55CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

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.

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