Home / Metal News / SMM5 May 25 North China Copper spot Market Express: rising Water, reporting High and going low, deal is limited.

SMM5 May 25 North China Copper spot Market Express: rising Water, reporting High and going low, deal is limited.

iconMay 25, 2020 16:01
Source:SMM

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.

Copper
copper price
spot
spot copper

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All