Today, spot #1 copper cathode in North China traded at a discount of 220 yuan/mt to 160 yuan/mt against the front-month contract, with an average discount of 190 yuan/mt, up 10 yuan/mt from the previous trading day. The transaction price ranged from 78,800 yuan/mt to 79,060 yuan/mt, with an average price of 78,930 yuan/mt, down 580 yuan/mt from the previous trading day. As copper prices fell, downstream restocking demand was boosted, and market trading activity increased.