Suppliers' Willingness to Sell Increased at Month-End, While Spot Premiums Remained Stable [SMM North China Spot Copper]

Published: Mar 30, 2026 11:09

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Today, spot prices of #1 copper cathode in North China against the front-month contract were reported at a discount of 90 yuan/mt to a discount of 50 yuan/mt, with the average price unchanged from the previous trading day, while the average transaction price fell 165 yuan/mt from the previous trading day to 95,180 yuan/mt.

SMM News, March 30:

Today, spot #1 copper cathode in North China was quoted at a discount of 90-50 yuan/mt against the front-month contract, with the average price unchanged from the previous trading day. The average transaction price was 95,180 yuan/mt, down 165 yuan/mt from the previous trading day. As it was the month-end period, some suppliers showed increased willingness to sell, and spot premiums continued to stabilize. Today, the copper cathode procurement sentiment in North China was 2.13, up 0.04 from the previous trading day, while the willingness to sell sentiment was 2.19, up 0.21 from the previous trading day ().

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