SMM5 June 6 North China Copper spot Market Express

Published: May 6, 2020 16:40

SMM May 6: today's North China electrolytic copper spot contract for the current month, water 190 yuan / ton ~ 250 yuan / ton, transaction price 42810 yuan / ton ~ 43050 yuan / ton. After the opening of the Shanghai copper market, the expressway resumed its tolls on the first day after the festival, and the transportation cost of Shanghai to Tianjin increased, which also prompted the spot quotation of Tianjin to rise. The discount quotation of smelter rose sharply, the water rose more than 300 yuan / ton, the response was less, it was difficult for the market to conclude the actual transaction, the traders adjusted the price to 200 ~ 250 yuan / ton, and the average price of discount water increased by 20 yuan / ton compared with that before the festival. After the festival downstream there is a long single source of implementation, into the market to buy goods in general.

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
Related News
Data: SHFE, DCE market movement (Jun 02)
21 mins ago
Data: SHFE, DCE market movement (Jun 02)
Read More
Data: SHFE, DCE market movement (Jun 02)
Data: SHFE, DCE market movement (Jun 02)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 02 Jun , 2026
21 mins ago
Copper Prices Rise as Consumption Weakens, Widening Price Spread Between Futures Contracts Supports Spot Discounts [SMM Shanghai Spot Copper]
1 hour ago
Copper Prices Rise as Consumption Weakens, Widening Price Spread Between Futures Contracts Supports Spot Discounts [SMM Shanghai Spot Copper]
Read More
Copper Prices Rise as Consumption Weakens, Widening Price Spread Between Futures Contracts Supports Spot Discounts [SMM Shanghai Spot Copper]
Copper Prices Rise as Consumption Weakens, Widening Price Spread Between Futures Contracts Supports Spot Discounts [SMM Shanghai Spot Copper]
[SMM Shanghai Spot Copper] Looking ahead to tomorrow, the center of copper prices is expected to shift upward, and downstream enterprise consumption is expected to weaken. However, as the Contango price spread between futures contracts widens on a month-over-month basis, suppliers' willingness to ship to delivery warehouses is expected to increase, while they hold prices firm and hold back from selling, potentially tightening available low-priced cargo and providing some support for spot discounts. Influenced by rising copper prices, the price difference between copper cathode and copper scrap is expected to widen, driving spot discounts on non-registered spot copper to expand further. Overall, under the influence of high copper prices and widening price spreads between futures contracts, Shanghai spot copper prices against the SHFE copper 2606 contract are expected to remain at discount levels tomorrow.
1 hour ago
North Copper Achieves Breakthrough with 9m Chromium-Zirconium Copper Alloy Ingot
1 hour ago
North Copper Achieves Breakthrough with 9m Chromium-Zirconium Copper Alloy Ingot
Read More
North Copper Achieves Breakthrough with 9m Chromium-Zirconium Copper Alloy Ingot
North Copper Achieves Breakthrough with 9m Chromium-Zirconium Copper Alloy Ingot
Recently, at the copper alloy division of Shanxi Beitong New Materials Technology Co., Ltd. (hereinafter referred to as "New Materials Technology Company"), a wholly-owned subsidiary of North Copper Co., Ltd. (hereinafter referred to as "North Copper"), a chromium-zirconium copper alloy casting ingot approximately 9 meters long and weighing about 9 mt was slowly extracted from the crystalliser. Upon detection, the casting ingot product exhibited uniform composition, with all performance indicators meeting standard requirements. This specification of casting ingot product represents yet another major breakthrough for North Copper in the field of high-end copper-based new materials, following its achievements in high performance rolled copper foil and copper-nickel-silicon alloy foil.
1 hour ago