SMM July 30th: today, the spot of electrolytic copper in North China quoted a price of 30 to 80 yuan / ton for the contract of that month, with a transaction price of 51770 yuan / ton to 51980 yuan / ton. In the morning, the copper shock in Shanghai was running at the first line of 51800 yuan / ton, and the copper price fell back to around 51700 yuan / ton in the afternoon. The transaction was poor at the end of the month, and after the smelter lowered its offer, traders also took the initiative to lower the offer as low as 20 yuan / ton, the upper limit of which was maintained at 80 yuan / ton yesterday, and the average price of rising discount was 5 yuan / ton lower than that of yesterday.

![Copper Prices Stop Falling and Stabilize; Copper Scrap Suppliers Hold Prices Firm While Selling [SMM Secondary Copper Daily Review]](https://imgqn.smm.cn/usercenter/OpmKJ20251217171712.jpg)
![In the morning market, available spot cargoes at Lingang were hard to find, and suppliers held prices firm while holding back from selling [SMM Yangshan spot copper]](https://imgqn.smm.cn/usercenter/JopQJ20251217171712.jpg)
