Copper prices fell, and holders actively raised the price to ship goods, but the actual transaction volume was light [SMM South China Spot Copper]

Today, Guangdong 1# spot copper cathode price is quoted at a discount of 100-180 yuan/ton to the current month's contract, with an average price discount of 140 yuan/ton, an increase of 20 yuan/ton from the previous trading day; hydro copper is quoted at a discount of 240-280 yuan/ton, and the average price discount is 260 yuan/ton, an increase of 20 yuan/ton from the previous trading day. The average price of Guangdong 1# copper cathode was 71,980 yuan/ton, a decrease of 270 yuan/ton from the previous trading day, and the average price of hydro copper was 71,860 yuan/ton, a decrease of 270 yuan/ton from the previous trading day.
Spot market: Guangdong's inventory ended its four consecutive declines and showed a slight increase. Arrivals increased slightly and shipments decreased. When copper prices fell, holders took the opportunity to raise the price and ship goods. However, downstream investors were worried that copper prices would continue to fall in the market and were reluctant to purchase more. Buyers and sellers had sharp differences in opinions. In the end, the spot premium only increased slightly, but actual transactions were limited. As of 11 o'clock, the discount for high-quality copper in the current month's contract is 100 yuan/ton, the discount for standard-quality copper is 180 yuan/ton, and the discount for hydro copper is 280 yuan/ton.
Generally speaking, when copper prices fell, holders actively raised the price to ship goods, but actual transactions were light.