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SMM5 March 15 North China Copper spot Market Express

iconMay 15, 2020 17:44
Source:SMM

SMM may 15: today North China electrolytic copper spot to the current month contract rose 100 yuan / ton ~ 150 yuan / ton, transaction price 43300 yuan / ton ~ 43500 yuan / ton. Shanghai copper main force was blocked 43200 yuan / ton after falling back in the vicinity of 43100 yuan / ton, today is the last trading day of the 2005 contract, the monthly difference has been significantly narrowed to less than 100 yuan, the smelter quotation is willing to rise, the transaction price is 100 ~ 150 yuan / ton, but the transaction order performance is still general. It is reported that the terminal order is poor, 8 copper rod processing orders also fell, copper rod processing fees as a result of the decline compared with the previous period, from the previous high of 900 yuan 1000 yuan / ton fell to this Friday quoted 650 yuan 750 yuan / ton, month-on-month than in April, copper rod orders in May significantly weaker, the overall transaction during the week was weak.

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