China Gold International Releases Copper and Gold Production Guidance: Copper Production at the Jiama Mine Is Expected to Be Approximately 63,000 mt to 67,000 mt in 2025

SMM Morning Meeting Summary: Overnight, LME copper opened at $13,424/mt, swung wildly in early trading and touched a low of $13,398/mt, then the price center fluctuated upward, and near the close it rose to a high of $13,612.5/mt before finally closing at $13,575/mt, up 0.94%. Trading volume reached 21,100 lots, and open interest stood at 265,000 lots, a decrease of 2,125 lots from the previous trading day, indicating bears reduced positions. Overnight, the most-traded SHFE copper 2607 contract opened at 103,280 yuan/mt, dipped to 103,010 yuan/mt right at the open, then fluctuated upward and touched a high of 103,850 yuan/mt near the close, finally settling at 103,540 yuan/mt, up 0.13%. Trading volume reached 30,100 lots, and open interest amounted to 152,400 lots, a decrease of 8 lots from the previous trading day, indicating bears reduced positions.

В течение недели уровень цен на медь снизился, что повысило готовность переработчиков к закупкам. В отрасли эмалированного провода произошло поэтапное восстановление новых заказов, и одновременно возрос производственный энтузиазм предприятий, способствуя росту недельной загрузки мощностей.

This week (6.5-6.11), the operating rate of enamelled wire industry machines rebounded WoW ....