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NewsFlash / Copper / Copper Cathode Prices Decline in North China Amid Futures Spread

Copper Cathode Prices Decline in North China Amid Futures Spread

May 8, 2025 11:27

Source:SMM

Affected by the widening price spread between futures contracts, suppliers offered discounts to sell their cargo. Today, spot #1 copper cathode in North China was trading at a discount of 130 yuan/mt to 70 yuan/mt against the front-month contract, with an average discount of 100 yuan/mt, a decrease of 40 yuan/mt from the previous trading day. The transaction prices ranged from 77,970 yuan/mt to 78,250 yuan/mt, with an average price of 78,110 yuan/mt, down 150 yuan/mt from the previous trading day.

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