There is a certain price gap between spot copper and futures copper. The price of futures is generally much higher than the spot! There is manipulation in the futures market, and the price can barely be used as a reference, but it is not very effective. The current price of copper of 60,000 to 70,000 may not be maintained. Most commodities have fallen sharply since February. The copper market outlook should be bearish, per ton The price of 60,000 to 70,000 yuan is considered a historically high price!

Generally, copper futures continue to rise, and spot copper is bullish. If spot copper goes up, copper futures will also rise, reinforcing each other. If copper futures fall sharply, the spot price will definitely not be much stronger! You can search for spot copper quotations online, and some markets All have quotations, such as Yangtze River spot and so on!