Secondary Copper Rod Producers Face Production Halts, Cautious Stockpiling Ahead of National Day
High copper prices and raw material shortages constrain each other, with overseas copper scrap coefficients remaining stable [SMM Weekly Review on Secondary Copper Raw Materials Outside China]
Tight supply supports premiums, while high prices suppress spot transactions [SMM North China spot copper]
Inventory hits a new low for the year, spot premiums remain elevated, but spot trades have weakened compared with yesterday [SMM South China spot copper]
Aluminum Moves Lower
Pre-holiday stockpiling cools, spot premiums continue to pull back [SMM Shanghai spot copper]