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Futures Fluctuate Upward Market Trading Activity Not High [SMM North China Spot Copper]
Mar 24, 2025, at 3:07 am
In North China, spot #1 copper cathode prices against the front-month contract ranged from a discount of 210 to 150 yuan/mt, with an average discount of 180 yuan/mt, up 20 yuan/mt from the previous trading day. The transaction price was 80,640-81,050 yuan/mt, with an average of 80,845 yuan/mt, down 490 yuan/mt from the previous trading day.
SMM March 24: In North China, spot #1 copper cathode against the front-month contract was at a discount of 210 to 150 yuan/mt, with an average discount of 180 yuan/mt, up 20 yuan/mt from the previous trading day. The transaction price ranged from 80,640 to 81,050 yuan/mt, with an average of 80,845 yuan/mt, down 490 yuan/mt from the previous trading day. This morning, the SHFE copper futures market strengthened, but downstream buying interest remained low, and market demand was still weak, resulting in inactive spot trading. 》Order to view SMM historical spot metal prices
