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SMM7 June 6 North China Copper spot Market Express: Tianjin transaction deviation rising water quotation readjusted
Jul 6,2020 17:39CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM July 6th: today, the spot contract for electrolytic copper in North China quoted flat water to 70 yuan per ton, with a transaction price of 49000 yuan per ton to 49270 yuan per ton. Copper in Shanghai opened low and went high, rising to 49200 yuan / ton around 10: 00 a. M. with A shares based on a straight line of 49000 yuan / ton. Individual traders and smelters have the willingness to raise the price, reporting a rise of more than 70 yuan / ton, but the downstream consumption deviation, some traders take the initiative to lower the price without success, the price is as low as flat, and the average discount price is 10 yuan / ton lower than last Friday.

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