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Home / Metal News / Copper Prices Fell Back from Highs, Market Transactions Remained Mediocre [SMM Secondary Copper Daily Review]

Copper Prices Fell Back from Highs, Market Transactions Remained Mediocre [SMM Secondary Copper Daily Review]

iconMar 26, 2025 10:17
Source:SMM

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SMM March 26

      Today's futures closing price at 11:30 was 81,860 yuan/mt, up 370 yuan/mt from the previous trading day. The average spot premiums/discounts were -20 yuan/mt, down 5 yuan/mt from the previous trading day. Today's secondary copper raw material price rose 600 yuan/mt MoM. The price of bare bright copper in Guangdong was 74,900-75,100 yuan/mt, up 600 yuan/mt from the previous trading day. The price difference between primary metal and scrap was 2,053 yuan/mt, down 273 yuan/mt MoM. The price difference between copper cathode rod and secondary copper rod was 1,610 yuan/mt. According to the SMM survey, copper prices pulled back from highs, and secondary copper rod enterprises continued to offload goods as they did yesterday. However, due to downstream demand, the intraday trading was mediocre.

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