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rebound in copper pricesbingogrid, Fubao Nonferrous Metals Network reported that the price difference between refined waste and waste has narrowed

todaybingogridData from Fubao Nonferrous Metals showed that copper prices rebounded after experiencing recent bottom support. The scrap copper price index climbed to 74500 yuan/ton, up 500 yuan/ton from yesterday; at the same time, the spot copper (1 #) price also rose, closing at 83310 yuan/ton, an increase of 290 yuan/ton from yesterday. The price difference between direct fine waste narrowed slightly, falling to 8810 yuan/ton, a decrease of 210 yuan/ton compared with the previous day. Compared with the average values in the previous five days and the past three months, today's refined waste price difference is 9120 yuan/ton and 6870 yuan/ton respectively, indicating that the current price is higher than the long-term average, but lower than the recent average.

In addition, Fubao Nonferrous Metals 'average estimated price difference for copper concentrate waste increased slightly to 6260 yuan/ton, a slight increase of 10 yuan/ton from yesterday. The price difference between the estimated value of the refined waste price difference, which is generally concerned by the market, and the market value, has dropped by 220 yuan/ton to 2550 yuan/ton.