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SMM7 March 21 North China Copper spot Market Express: goods are tight, water is strong, supply and demand are both weak
Jul 21,2020 18:17CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM July 21: today, the spot price of electrolytic copper in North China is quoted for a monthly contract of 40 to 100 yuan / ton, with a transaction price of 51810 yuan / ton to 52070 yuan / ton. Copper in Shanghai rose to a low of 51800 yuan / ton again. The supply of goods in the smelter is not abundant, the quotation is firm, the lower limit is tightened, the market extends yesterday's market conditions, the lower limit rises slightly to 40 yuan / ton, the upper limit remains at 100 yuan / ton, and the average price of rising discount is 5 yuan / ton higher than last Friday, the overall performance of supply and demand is both weak.

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