Premiums Shot Up, Curbing Demand; Spot Trades Sluggish in North China [SMM North China Spot Copper]

By MMPI News Desk On Nov 7, 2026 35 0

Spot #1 copper cathode in North China was quoted at premiums of 1,400-1,800 yuan/mt against the front-month contract today, with an average premium of 1,600 yuan/mt, up 450 yuan/mt from the previous trading day. The average transaction price was 108,585 yuan/mt, down 670 yuan/mt from the previous trading day.

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