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SMM5 May 25 North China Copper spot Market Express: rising Water, reporting High and going low, deal is limited.
May 25,2020 16:01CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM May 25th: today, the spot price of electrolytic copper in North China is quoted as RMB160L / t ~ RMB230L / t, with a transaction price of RMB 43730 / t ~ RMB 43900 / t. The LME market is closed on British spring bank holidays, and copper in Shanghai runs smoothly, fluctuating along the 43600 yuan / ton line. It is reported that some copper imports have arrived in Tianjin port recently, mainly under the brand of South Korea, with monthly copper imports of 1000,000,1500 yuan / ton. In addition, some smelters in Shandong have also sent goods to Tianjin. At present, the supply of goods in Tianjin has been supplemented. In the morning, it is still high reported that rising water is 260 yuan / ton, but the actual transaction of Gaoshengshui is limited, and it is purchased cheaply downstream, mainly in rising water of 200 yuan / less.

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