The futures closing price at 11:30 today was 81,860 yuan/mt, an increase of 370 yuan/mt compared to the previous trading day. In Hubei, the discount of secondary copper rod against the front-month contract ranged from -1,160 yuan/mt to -960 yuan/mt, with an average discount of 1,060 yuan/mt. The quotation range for secondary copper rod was 80,700 yuan/mt to 80,900 yuan/mt. According to feedback from secondary copper rod enterprises, copper prices were highly volatile today, increasing operational difficulties for enterprises. Coupled with high copper prices suppressing downstream procurement demand, some enterprises adjusted their production plans, shifting to copper anode production.