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NewsFlash / Copper / Copper Cathode Prices Decline Amid Widening Futures Spread

Copper Cathode Prices Decline Amid Widening Futures Spread

May 9, 2025 11:29

Source:SMM

As the price spread between futures contracts continued to widen, some suppliers sold off their stocks at low prices. Today, spot #1 copper cathode in North China was trading at a discount of 400 yuan/mt to 200 yuan/mt against the front-month contract, with an average discount of 300 yuan/mt, a decrease of 200 yuan/mt from the previous trading day. The transaction prices ranged from 77,650 yuan/mt to 78,000 yuan/mt, with an average price of 77,825 yuan/mt, down 285 yuan/mt from the previous trading day.

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May 10, 2025 09:16

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May 9, 2025 19:25

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May 9, 2025 18:36

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May 9, 2025 18:24

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May 9, 2025 18:04

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May 9, 2025 18:02

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May 9, 2025 17:48

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Copper Prices Rebound, Supplier's Sentiment on Selling Improves Marginally [[SMM Weekly Review of Secondary Copper Raw Material]]

[SMM Analysis: Copper Prices Rebound, Supplier's Sentiment on Selling Marginally Improves] After the holiday, copper prices oscillated within the range of 77,800-78,700 yuan/mt after a slight rebound, with a weekly increase of 500 yuan/mt. During the same period, the price of bare bright copper in Guangdong rose slightly to 72,200-72,400 yuan/mt, with an increase of 400 yuan/mt. ......

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