Tongling Nonferrous Copper Foil: Copper price fluctuations can be passed on to product sales prices
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According to Golden Ten Data on May 11, during the performance briefing, Tongguan Copper Foil stated that the company adopts a "copper price + processing fee" pricing model for its product sales. Fluctuations in copper prices can be passed on to product sales prices. At the same time, the company also conducts commodity futures hedging business to mitigate the risks brought by product price fluctuations in its production and operations.
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