SMM5 June 6 North China Copper spot Market Express

Published: May 6, 2020 16:40

Save

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.

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.

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

17 hours ago

"Divergent Labour Day Production Strategies Among China's Secondary Copper Rod Firms Amid Policy and Capital Pressures"

During the 2026 Labour Day holiday, production arrangements among China's secondary copper rod enterprises showed a notable divergence, with some choosing to halt production for the holiday while others maintained normal operations

17 hours ago

Apr 30, 2026 22:09

Cautious Stockpiling Amid High Copper Prices, Finished Product Inventories Down Slightly Before Labour Day

[SMM Copper Wire and Cable Weekly Inventory] Despite the approaching Labour Day holiday, overall enterprise stockpiling sentiment remained cautious due to high copper prices. As a result, raw material inventories of mainstream copper wire and cable enterprises in China edged up 2.58% WoW. Finished product inventories side, some wire and cable enterprises suspended quotations during the Labour Day holiday, and some end-users cautiously picked up goods in advance, driving finished product inventories down slightly by 2.42% WoW.

Apr 30, 2026 22:09

Apr 30, 2026 22:08

Copper Wire and Cable Industry Sees Decline in Operating Rates Amid High Copper Prices

This week (April 24–April 30), the SMM operating rate of copper wire and cable enterprises was 65.9%, down 1.09 percentage points WoW. Copper prices hovered at highs this week, and earlier concentrated procurement had front-loaded some subsequent demand. Industry orders in the wire and cable industry remained weak, with operating rates continuing to decline. Next week, wire and cable industry operations will continue to pull back. Most enterprises will have a short Labour Day holiday break, with some choosing to cut production or maintain operations without shutting down. The operating rate is expected to continue falling by 3.12 percentage points WoW to 62.78%.

Apr 30, 2026 22:08