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SMM5 June 6 North China Copper spot Market Express
May 6,2020 16:40CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

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.

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