SMM May 6 News:
Today in North China, #1 copper cathode spot prices against the front-month contract were reported at a discount of 200 yuan/mt to a discount of 100 yuan/mt, with an average discount of 150 yuan/mt, unchanged from the previous trading day. The average transaction price was 102,280 yuan/mt, up 1,130 yuan/mt from the previous trading day. After the holiday, due to rising copper prices, downstream restocking demand was mediocre, and upstream suppliers with accumulated inventory offered appropriate concessions on shipments. Today in North China, the copper cathode purchasing sentiment was 1.98, up 0.02 from the previous trading day, and the shipment sentiment was 2.52, up 0.35 from the previous trading day ().
![Spot Trade Sluggish During LME Asia Metal Week, Import Window Remains Open with Few Offers Hanging High [SMM Yangshan Spot Copper]](https://imgqn.smm.cn/usercenter/KytYP20251217171712.jpg)
![Post-Holiday Copper Inventories in China's Major Regions End Seven Consecutive Weeks of Inventory Buildup [SMM Weekly Data]](https://imgqn.smm.cn/usercenter/Dtcte20251217171710.jpg)
![Copper Prices Rose, Suppliers Lowered Premiums for Shipments, Overall Trading Was Moderate [SMM South China Spot Copper]](https://imgqn.smm.cn/usercenter/FERSF20251217171712.jpg)
