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Home / Metal News / Downstream wait-and-see sentiment is strong, and the spot market remains quiet [SMM North China Spot Copper]
Downstream wait-and-see sentiment is strong, and the spot market remains quiet [SMM North China Spot Copper]
Dec 10, 2025 11:19In North China today, spot #1 copper cathode prices against the front-month contract were at a discount of 300-240 yuan/mt, with an average discount of 270 yuan/mt, unchanged from the previous trading day. Transaction prices ranged from 91,250 to 91,550 yuan/mt, with an average of 91,400 yuan/mt, down 450 yuan/mt from the previous trading day.
SMM December 10 News:
Today in North China, spot #1 copper cathode prices against the front-month contract were at a discount of 300-240 yuan/mt, with an average discount of 270 yuan/mt, unchanged from the previous trading day. Transaction prices ranged from 91,250-91,550 yuan/mt, with an average of 91,400 yuan/mt, down 450 yuan/mt from the previous trading day. Copper prices pulled back today, but downstream buyers maintained strong wait-and-see sentiment, and the market remained quiet. In North China today, the procurement sentiment for copper cathode was 1.01, unchanged from the previous trading day, while the sales sentiment was 1.72, down 0.03 from the previous trading day ().
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