Shanghai Copper Spot Market Tight, Holders Reluctant to Sell and Maintain Prices

At the start of the morning session, the Shanghai copper spot market has limited circulating resources. Currently, the market has limited supply sources, with brands such as Guixi, Jinchuan Isa Yongchang, Yuguang, Dajiang HS, etc., mostly in the form of warehouse receipts. Some downstream companies face difficulties in inquiry when purchasing and have fewer brand options. Holders generally show little willingness to sell, mostly exhibiting reluctance to sell or maintaining firm prices. (Shanghai Nonferrous Metals Network)