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Home / Metal News / Copper prices pulled back, but the boost was limited. Spot premiums/discounts weakened [SMM spot copper in North China]
Copper prices pulled back, but the boost was limited. Spot premiums/discounts weakened [SMM spot copper in North China]
Jul 7, 2025 11:14Source:SMM
Today, spot #1 copper cathode in North China traded at a discount of 190 yuan/mt to 150 yuan/mt against the front-month contract, with an average discount of 170 yuan/mt, a decrease of 20 yuan/mt from the previous trading day. The transaction prices ranged from 79,560 yuan/mt to 79,680 yuan/mt, with an average price of 79,620 yuan/mt, a decrease of 650 yuan/mt from the previous trading day.
SMM News on July 7:
Today, in North China, spot premiums/discounts for #1 copper cathode against the front-month contract ranged from a discount of 190 yuan/mt to a discount of 150 yuan/mt, with an average discount of 170 yuan/mt, a decrease of 20 yuan/mt from the previous trading day. The transaction prices ranged from 79,560 yuan/mt to 79,680 yuan/mt, with an average price of 79,620 yuan/mt, a decrease of 650 yuan/mt from the previous trading day. As copper prices pulled back, the activity of market inquirers increased slightly, and consumption was slightly boosted but remained weak overall. Additionally, as the delivery date approached, spot premiums/discounts weakened.
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