SMM4 February 2 North China Copper spot Market Express

Published: Apr 2, 2020 19:07

SMM, April 2: the current contract of electrolytic copper in North China today rose 80 yuan / ton to 120 yuan / ton, with a transaction price of 38940 yuan / ton to 39620 yuan / ton. Shanghai copper low open high walk, early probe low 38650 yuan / ton all the way up to 39700 yuan / ton line, quickly recovered the intraday decline, traders quoted strong, basically maintain the rising water 100 yuan / ton, the smelter is still a large number of shipments to return funds, quoted water 50 yuan / ton to 80 yuan / ton, near a small holiday, downstream replenishment, bargain buying is still fine.

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn