According to SMM data, on December 27, 2023, the average spot premium for SMM1# electrolytic copper reported a premium of 30 yuan/ton, a increase of 140 yuan/ton from the previous day. With no significant fluctuations in the price of copper, spot premiums have rapidly rebounded, mainly due to the approaching year-end, reduced activity among traders, decreased shipments from smelters, and the market's low buying orders during the large discounts yesterday led to a rise in spot premiums again. It is expected that spot prices will maintain a slight premium trend in the next two days.