monstersofrockmegawaysslot| Fubao Nonferrous Metals: The rebound in copper prices has led to a narrowing of the price difference between refined waste and reduced by 210 yuan month-on-month

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Fubao Nonferrous Network data showsmonstersofrockmegawaysslotOn May 24, the price of scrap copper rose by 500 yuan to 74500 yuan/ton, the price of spot copper rose by 290 yuan to 83310 yuan/ton, and the price difference between refined waste narrowed slightly to 8810 yuan/ton.

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Copper prices bottomed out and rebounded, and the scrap copper price index rose slightly

According to the latest data from Fubao Nonferrous Metals, the price index of scrap copper on May 24, 2024 reached 74500 yuan/ton (without tax), an increase of 500 yuan/ton from yesterday. At the same time, spot copper (1 #) prices also rose, closing at 83310 yuan/ton, an increase from the previous trading daymonstersofrockmegawaysslot290 yuan/ton.

On the same day, the price difference between refined waste narrowed slightly to 8810 yuan/ton, a decrease of 210 yuan/ton compared with yesterday. Compared with the average in the past five days (9120 yuan/ton), this figure is 310 yuan/ton, but compared with the average in the past three months (6870 yuan/ton), it is still 1940 yuan/ton higher. In addition, the estimated average price difference of Fubao's non-ferrous copper concentrate waste is 6260 yuan/ton, a slight increase of 10 yuan/ton from yesterday.

The price difference between the assessed value of the price difference between refined and waste and the market value is 2550 yuan/ton, which is down 220 yuan/ton from the previous day, indicating that the market has adjusted its forecast for the future price trend of refined copper and scrap copper.