[Shandong Copper Cathode Spot Market Continues to See Weak Supply and Demand] This week, the Shandong region continued to experience a weak supply and demand situation, with stable spot premiums and discounts, and low market activity. Specifically, downstream demand maintained off-season characteristics, with weak willingness for spot orders, leading suppliers to increase sales efforts in the Jiangsu region. According to SMM, current suppliers face no inventory pressure and have no intention of significantly lowering prices to sell, resulting in a tug-of-war state for spot premiums and discounts in Shandong under the weak supply and demand dynamics.
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