Today, spot #1 copper cathode in North China was trading at a discount of 50 yuan/mt to a premium of 50 yuan/mt against the front-month contract, with an average price on par with the contract, up 220 yuan/mt from the previous trading day. The transaction prices ranged from 78,390 yuan/mt to 78,560 yuan/mt, with an average price of 78,475 yuan/mt, up 85 yuan/mt from the previous trading day.

As the world places greater emphasis on sustainable development, the recycling and reuse of metal resources not only effectively reduces resource waste but also mitigates environmental pollution, thereby promoting a green transformation of the economy.

Overnight, LME copper opened at $9,678.5/mt, touching a low of $9,664/mt shortly after the opening bell.