This week, the spot premiums and discounts in the Shandong spot market first rose and then fell. As of Thursday, the average spot premium in Shandong was reported at 5 yuan/mt. The market showed a weak supply and demand situation this week. The tight spot supply in the Shandong market gave suppliers confidence to stand firm on quotes. However, the actual market demand was not strong, especially after the center of copper prices rose. Downstream orders performed moderately, and companies' procurement enthusiasm was not high, maintaining only just-in-time procurement.