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Significant consumption improvement awaits further copper price declines

Source: Mysteel Nov 05, 2025 11:58
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Copper Demand Price Supply
China's 1# refined copper spot prices stood at Yuan 86,564/tonne on November 4, dropping further by Yuan 340/tonne day on day, according to Mysteel's assessment. Specifically, spot prices in Shanghai ranged between Yuan 86,330-86,980/tonne, averaging at Yuan 86,600/tonne. The 1# refined copper average spot premium in Shanghai was Yuan -5/tonne, falling

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