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Home / Metal News / Copper prices repeatedly strengthened, with market transactions hard to come by [SMM North China Spot Copper]

Copper prices repeatedly strengthened, with market transactions hard to come by [SMM North China Spot Copper]

iconDec 12, 2025 11:15
Spot #1 copper cathode prices in North China against the front-month contract were at a discount of 300-260 yuan/mt today, averaging a discount of 280 yuan/mt, down 10 yuan/mt from the previous trading day. Transaction prices ranged from 93,100 to 93,570 yuan/mt, with the average price at 93,335 yuan/mt, up 945 yuan/mt from the previous trading day.

SMM December 12 News:

In North China today, spot #1 copper cathode against the front-month contract was at a discount of 300-260 yuan/mt, with an average discount of 280 yuan/mt, down 10 yuan/mt from the previous trading day. Transaction prices were 93,100-93,570 yuan/mt, with an average of 93,335 yuan/mt, up 945 yuan/mt from the previous trading day. As copper prices repeatedly strengthened, downstream spot procurement demand was muted, and market transactions were hard to find. In North China today, the procurement sentiment for copper cathode was 1.01, unchanged from the previous trading day, while the sales sentiment was 1.75, up 0.04 from the previous trading day ().

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.

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