Today, spot #1 copper cathode in North China traded at a discount of 140 yuan/mt to 80 yuan/mt against the front-month contract, with an average discount of 110 yuan/mt, up 10 yuan/mt from the previous trading day. The transaction price ranged from 78,250 yuan/mt to 78,500 yuan/mt, with an average price of 78,375 yuan/mt, up 580 yuan/mt from the previous trading day. As downstream operating rates recovered during the week, restocking took place, and market trading activity showed signs of recovery.