Price: According to news on March 7, yesterday the price of copper strips in the domestic market fell by 140 yuan/ton, and the price of brass strips fell by 60 yuan/ton. The quoted price of T2 copper strips was 71,900-72,900 yuan/ton, and the price of H62 brass strips was 71,900-72,900 yuan/ton. The offer price is 52,900-54,100 yuan/ton.

Transactions: Copper prices fell yesterday, and inquiries increased in the market in North China. However, the actual market transaction volume did not increase significantly. Terminals still purchased raw materials according to their own production rhythm. The purchase volume did not change much and the transactions were average; the spot price of copper strips in East China increased slightly. The market is running weakly, and overall transactions are poor. According to feedback from companies, manufacturers' quotations have been slightly lowered, market transactions are cautious, overall shipments are not smooth, downstream terminals are not willing to take goods, fundamentals continue to be weak, and the market mentality is mainly cautious and wait-and-see.