Suppliers Concentrated Shipments, Spot Premiums Continued to Decline [SMM North China Spot Copper]

Today, #1 copper cathode spot prices in North China against the front-month contract were reported at an average discount of 350 yuan/mt to a discount of 270 yuan/mt, with the average discount of 310 yuan/mt down 50 yuan/mt from the previous trading day. The average transaction price was 104,195 yuan/mt, down 590 yuan/mt from the previous trading day.