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Home / Metal News / Copper prices weakened, slightly boosting downstream buying interest. Market trading activity rebounded [SMM North China Spot Copper]
Copper prices weakened, slightly boosting downstream buying interest. Market trading activity rebounded [SMM North China Spot Copper]
Jun 20, 2025 11:11Source:SMM
Today, spot #1 copper cathode in North China was trading at a discount of 150 yuan/mt to 70 yuan/mt against the front-month contract, with an average discount of 110 yuan/mt, a decrease of 20 yuan/mt from the previous trading day. The transaction prices ranged from 78,010 yuan/mt to 78,330 yuan/mt, with an average price of 78,170 yuan/mt, down 275 yuan/mt from the previous trading day.
SMM News on June 20:
Today, in North China, spot prices of #1 copper cathode against the front-month contract ranged from a discount of 150 yuan/mt to a discount of 70 yuan/mt, with an average discount of 110 yuan/mt, a decrease of 20 yuan/mt from the previous trading day. The transaction prices ranged from 78,010 yuan/mt to 78,330 yuan/mt, with an average price of 78,170 yuan/mt, a decrease of 275 yuan/mt from the previous trading day. Today, copper prices weakened, somewhat boosting downstream procurement sentiment and increasing market transaction activity. However, influenced by the price spread between futures contracts and the approaching month-end, spot premiums/discounts continued to decline.
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