This week, the operating rate of enamelled wire industry machinery decreased by 0.2 percentage points MoM to 82.1%, and weekly orders fell WoW ...

To better serve industrial clients and align more closely with the market, SMM is introducing new CIF Thailand processing fee quotes for copper cathode rods: 8mm copper cathode rod,CIF Thailand,$/tonne and the 8mm Oxygen-Free copper rod,CIF Thailand,$/tonne will be officially launched on June 13, 2025.

[SMM Spot Copper] Looking ahead to tomorrow, copper prices are expected to decline, and downstream purchasing sentiment is improving. However, downstream players currently prefer to purchase after contract rollover under the backwardation structure. For suppliers, there is currently almost no willingness to sell at a discount, and it is expected that the market will continue to see small contango transactions tomorrow.