Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
New Energy
Price CenterDatabaseProReportsEventsCar Insight
Home / Metal News / Due to weak demand, suppliers continue to lower prices, and spot premiums/discounts weaken again [SMM spot copper in North China]
Due to weak demand, suppliers continue to lower prices, and spot premiums/discounts weaken again [SMM spot copper in North China]
May 13, 2025 11:15Today, spot #1 copper cathode in North China was trading at a discount of 400 yuan/mt to 300 yuan/mt against the front-month contract, with an average discount of 350 yuan/mt, a decrease of 20 yuan/mt from the previous trading day. The transaction prices ranged from 77,730 yuan/mt to 77,900 yuan/mt, with an average price of 77,815 yuan/mt, down 145 yuan/mt from the previous trading day.
SMM News on May 13:
Today, in North China, spot #1 copper cathode was trading at a discount of 400 yuan/mt to 300 yuan/mt against the front-month contract, with an average discount of 350 yuan/mt, a decrease of 20 yuan/mt from the previous trading day. The transaction prices ranged from 77,730 yuan/mt to 77,900 yuan/mt, with an average price of 77,815 yuan/mt, down 145 yuan/mt from the previous trading day. With only two trading days left until delivery, weak downstream orders have led to an accumulation of both raw material and finished product inventories at enterprises. Copper cathode suppliers have no choice but to continue cutting prices to secure transactions, causing spot premiums/discounts to fall to a low level.
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.
For queries, please contact Lemon Zhao at lemonzhao@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
SMM Events & Webinars
All- Mar25
2026 SMM (21th) Lead & Zinc Conference and Industry Expo
Mar 25 - 27,2026Chengdu, China
- Mar25
2026 SMM Lead-Zinc Mining and Metallurgy "China Tour" Field Trip
Mar 25 - Apr 03,2026Chengdu, Sichuan；Kunming, Yunnan；Nanning, Guangxi; Hengyang, Hunan; Shaoguan, Guangdong
- Apr06
NET ZERO MEA Solar & Energy Storage Summit
Apr 06 - 07,2026Join us in Dubai to forge the partnerships that will power our future.DUBAI, UAE
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.
