Published: Dec 15, 2023 14:09
SMM Copper spot: The mainstream flat copper quotation is a discount of 10 yuan/ton to a premium of 50 yuan/ton, while the good copper is quoted at a premium of 30 yuan/ton to a premium of 110 yuan/ton. Today is the last trading day for the Shanghai Copper 2312 contract. The narrowing monthly price difference, combined with a tight supply of domestic flat copper, has led to holders choosing to raise prices, while some downstream users have been unable to make up for the demand gap. It is reported that a large number of imported copper will be declared for import from December 20, which may impact the spot premium, and it is expected that next week's premium will be prone to decline and difficult to rise.

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