[SMM Copper News] Due to the SCO summit scheduled to be held in Tianjin at the end of August, freight trucks entering and exiting local factories will be controlled according to emission standards from August 20 to September 3, causing market logistics to tighten. Meanwhile, as upstream smelters are expected to enter a concentrated maintenance period, this has led to a tighter supply of spot copper cathode in North China.
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.