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A Glance of China Copper Market (October 19-23, 2026)

Source: Mysteel Oct 27, 2026 09:30
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Copper Demand Price Supply
Copper prices fluctuated with a downward bias last week (October 19-23). Fundamentally, smelter shipments remained limited and imported copper arrivals also declined. Coupled with resilient dip-buying demand from downstream users, this kept China's refined copper inventories on a declining trend, pushing up spot premiums and supporting prices on the downside.However, geopolitical and inflation concerns cooled risk appetite for market assets, weighing heavily on copper prices.

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