SMM

At the beginning of the week, the copper price fluctuated around 65,000 yuan/mt. The suppliers of copper scrap were reluctant to sell, but some traders of copper scrap sold a small amount of copper scrap to withdraw funds. The supply growth of copper scrap was limited. In the middle of the week, copper futures rose above 66,000 yuan/mt, and the suppliers of copper scrap were less reluctant to sell their goods. Therefore, the supply of copper scrap last week increased from the previous week.