Quotations of Copper Rod Produced With Copper Scrap in Jiangxi Last Week

As of last Friday, copper rod produced with copper scrap in Jiangxi was quoted with a discount of 1,190 yuan/mt against SHFE front-month copper contract prices.

Electric copper rod in east China was quoted with premiums of 605 yuan/mt over the contract, with a price spread of 1,795 yuan/mt between copper cathode rod and copper rod produced with copper scrap. It was still advantageous for copper scrap rod users.