SMM Analysis: Blister Copper RCs May Decline in December Amid Growing Demand and Uncertain Supply

SMM Analysis: Domestic Blister Copper RCs Tend to Decline in December as Market Demand Grows but Supply Remains Uncertain

According to SMM, in November 2024, the blister copper RCs in south China were quoted at 950-1,150 yuan/mt, with an average price of 1,050 yuan/mt, up 300 yuan/mt MoM. In north China, the blister copper RCs were quoted at 900-1,100 yuan/mt, with an average price of 1,000 yuan/mt, unchanged MoM. The CIF import blister copper RCs were quoted at $100-120/mt, with an average price of $110/mt, unchanged MoM...