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Home / Metal News / Spot Copper Prices in China to Fall This Week

Spot Copper Prices in China to Fall This Week

iconMar 27, 2023 15:24
Source:SMM
In China's domestic spot market, sellers will be keen to liquidate stocks at the end of the month and the quarter, weighing on spot quotes.

SHANGHAI, Mar 27 (SMM) - In China's domestic spot market, sellers will be keen to liquidate stocks at the end of the month and the quarter, weighing on spot quotes.

It is necessary to pay attention to the impact of the change in the backwardation structure of the SHFE front-month contract over the SHFE next-month contract.

Spot premiums are expected to stand at a maximum of 80 yuan/mt.

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