Copper Prices Center Shifted Upward, Downstream Consumption Showed Signs of Weakness [SMM North China Spot Copper]

Published: Apr 13, 2026 11:15

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Today, #1 copper cathode spot prices in North China against the front-month contract were reported at a discount of 160 yuan/mt to a discount of 100 yuan/mt. The average price rose 10 yuan/mt from the previous trading day, with the average transaction price at 98,610 yuan/mt, up 500 yuan/mt from the previous trading day.

SMM April 13 News:

Spot #1 copper cathode prices against the front-month contract in North China were reported at a discount of 160 yuan/mt to a discount of 100 yuan/mt today, with the average price up 10 yuan/mt from the previous trading day and the average transaction price at 98,610 yuan/mt, up 500 yuan/mt from the previous trading day. After the center of copper prices shifted upward, consumption in North China showed signs of weakness, and spot premiums encountered resistance. The purchasing sentiment for copper cathode in North China was 1.68 today, down 0.24 from the previous trading day, while the shipments sentiment was 2.18, down 0.41 from the previous trading day ().

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