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In response to the requests of many companies in the copper industry chain and to enhance communication between upstream and downstream enterprises, SMM Information & Technology Co., Ltd. (SMM) has meticulously organized a copper industry field trip to Jiangxi from April 24 to 26.

Jiangxi's significant position in the national copper industry is self-evident!

In response to the requests of many companies in the copper industry chain and to enhance communication between upstream and downstream enterprises, SMM Information & Technology Co., Ltd. (SMM) has meticulously organized a copper industry field trip to Jiangxi from April 24 to 26.

Amid increasing global economic downward pressure, the copper billet market faces challenges, caught in a dilemma of dual pressures from raw material supply and downstream demand.

In response to the requests of many companies in the copper industry chain and to enhance communication between upstream and downstream enterprises, SMM Information & Technology Co., Ltd. (SMM) has meticulously organized a copper industry field trip to Jiangxi from April 24 to 26.

 In summary, supported by April's consumption, the low inventory situation in May supports the nearby month structure and premiums. However, the market is concerned that export orders may decline from late May to late June due to tariff uncertainties, affecting the continuity and enthusiasm of end-user procurement. As May progresses, while supply issues persist, whether consumption can continue to improve or even maintain remains to be seen. Currently, the SHFE copper 2505-2506 contract spread is expected to widen to 500 yuan/mt before delivery, with the deferred month structure still expected to continue widening.