SMM July 16: today, the spot of electrolytic copper in North China quoted a price of 10 to 70 yuan per ton for that month's contract, with a transaction price of 50960 yuan / ton to 51380 yuan / ton. Today, Shanghai copper continued its overnight decline, falling more than 1,000 yuan, and the market fell below 51000 yuan / ton. On the first day after the change of the spot market, the quotation of traders basically revolved around the price of 10 to 70 yuan per ton. when the market plummeted, the lower reaches bought goods at a bargain, and the transaction was better than at the beginning of the week.
(Chen Ming 021 muri 51595816)