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Copper prices continue to break new highs on favorable macro factors

Source: Mysteel Dec 04, 2025 16:29
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Copper Demand Macroeconomy Price
China's 1# refined copper spot prices stood at Yuan 88,794/tonne on December 3, rebounding by Yuan 242/tonne day on day, according to Mysteel's assessment. Specifically, spot prices in Shanghai ranged between Yuan 88,770-89,150/tonne, averaging at Yuan 88,880/tonne. The 1# refined copper average spot premium in Shanghai was Yuan 120/tonne, growing by

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