Road transport logistics have basically ceased, and the market is expected to enter a holiday state. [SMM North China Spot Copper]

Published: Feb 11, 2026 11:27

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Spot prices of #1 copper cathode against the front-month contract in North China today were at a discount of 380-160 yuan/mt, with an average discount of 270 yuan/mt, down 10 yuan/mt from the previous trading day. Transaction prices ranged from 100,820-101,370 yuan/mt, with an average of 101,095 yuan/mt, down 365 yuan/mt from the previous trading day.

SMM February 11:

Today in North China, spot #1 copper cathode against the front-month contract was at a discount of 380-160 yuan/mt, with an average discount of 270 yuan/mt, down 10 yuan/mt from the previous trading day. Transaction prices were 100,820-101,370 yuan/mt, with an average of 101,095 yuan/mt, down 365 yuan/mt from the previous trading day. Road logistics were largely suspended today, and the market was expected to enter a holiday state, with sporadic transactions. The procurement sentiment for copper cathode in North China was 1.21, down 0.41 from the previous trading day, while the shipment sentiment was 1.24, down 0.43 from the previous trading day ().

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