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[SMM Review] Guangdong Copper spot Market Express on April 8: copper prices have rebounded, and market reception sentiment has improved compared with yesterday.
Apr 8,2020 11:56CST
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Source:SMM
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SMM4, March 8: Guangdong electrolytic copper spot on the current month contract up 90% 110, wet copper reported 50 ~ 60%. The average price of electrolytic copper fell 185yuan / ton to 40615 yuan / ton, and the average price of wet copper fell 185yuan / ton to 40570 yuan / ton. In the spot market, copper prices are low and high today, and market reception sentiment is warmer than yesterday, but near delivery warehouse receipts continue to flow out to depress prices, rising water is the same as yesterday. That is, the transaction price of good copper is 100 yuan / ton, and that of flat water copper is 90 yuan / ton. The transaction price of wet copper is 60 yuan / ton. It is worth noting that the recent arrival of wet copper is less, its price difference with flat copper has narrowed to 40 yuan / ton.

 

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