August 9th, 2017 Spot Copper Price Trends in Guangzhou

On August 9th, 2017, the spot copper prices in Guangzhou showed a mixed trend amid fluctuating global market conditions. Traders reported a slight increase in demand from local manufacturers, which contributed to a modest rise in prices compared to the previous week. However, concerns over slowing economic growth in China and weak industrial activity in key sectors like construction and electronics kept the market under pressure. The price of copper on this day was recorded at approximately ¥48,500 per ton, reflecting a small upward movement from the prior trading session. Analysts suggested that the market would remain volatile in the coming weeks, with external factors such as U.S. dollar strength and geopolitical tensions playing a major role in shaping future price movements.