Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
New Energy
Price CenterDatabaseProReportsEventsCar Insight
Language: 
Home / Metal News / Copper prices soar, consumption takes another hit, and market activity remains sluggish [SMM spot copper in North China]
Copper prices soar, consumption takes another hit, and market activity remains sluggish [SMM spot copper in North China]
Jul 2, 2025 11:14Source:SMM
Today, spot #1 copper cathode in North China traded at a discount of 200 yuan/mt to 80 yuan/mt against the front-month contract, with an average discount of 140 yuan/mt, a decrease of 20 yuan/mt from the previous trading day. The transaction prices ranged from 80,610 yuan/mt to 80,850 yuan/mt, with an average price of 80,730 yuan/mt, an increase of 845 yuan/mt from the previous trading day.
SMM News on July 2:
Today, in North China, spot #1 copper cathode is trading at a discount of 200 yuan/mt to 80 yuan/mt against the front-month contract, with an average discount of 140 yuan/mt, a decrease of 20 yuan/mt from the previous trading day. The transaction prices range from 80,610 yuan/mt to 80,850 yuan/mt, with an average price of 80,730 yuan/mt, an increase of 845 yuan/mt from the previous trading day. Copper prices have surged significantly, imposing a notable impact on market consumption in North China. However, at the beginning of the month, suppliers face relatively small inventory pressure, and market activity remains extremely sluggish.
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- Oct20
Li-ION BATTERY China
Oct 20 - 21,2025Xiamen, China
- Oct20
APAC (10th) Stainless Steel Industry Conference 2025
Oct 20 - 21,2025Xiamen, China
- Oct22
2025 15th APAC TIN INDUSTRY CONFERENCE
Oct 22 - 24,2025The 2025 Tin Industry Annual Conference will focus on "Opportunities and Challenges in a New Era.Yunnan · Gejiu
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.
