Latest news on the China Copper market

China's copper price rally tied to U.S. stockpiling

Global copper prices surged in the past year, with China's refined copper spot price rising by Yuan 28,316/tonne or 36.15% year on year, reaching Yuan 106,652/tonne on June 3, 2026, according to Mysteel. The rise in copper prices has been driven largely by copper stockpiling in the United States. Ac

DAILY: China's refined copper spot inventory continues falling on limited arrivals

On June 4, copper prices dropped in futures and spot markets, with positive market sentiment diminishing and inflation risks growing. However, the copper market fundamentals remained supportive on tightening global supply and long-term firm demand expectations.   China's refined copper spot premiums

DAILY: Recurring Middle East conflicts weigh on copper prices

On June 3, copper prices continued growing in China's spot and futures markets, while dropped at the LME. Continued mutual strikes between the U.S. and Iran in the Middle East, coupled with the slow progress of U.S.-Iran negotiations, weakened market risk appetite and led to a decline in overseas co

DAILY: Tin futures deliveries rise on elevated prices

On June 4, tin prices rose before falling, yet remained above Yuan 440,000/tonne. The elevated prices have boosted the willingness of enterprises to deliver metal to warehouses. According to a Mysteel survey of 10 warehouses in Shanghai, Guangdong, and Jiangsu, tin ingot futures inventory increased

China's copper conc. inventories hit historic lows amid structural supply shortfall

China's copper concentrate port inventories are plunging to historic lows, signaling a shift in the global supply landscape from a tight balance to a structural deficit. According to the latest data from Mysteel, total stocks across major Chinese ports have plummeted by nearly 200,000 tonnes since m

DAILY: Copper prices grow on firm fundamentals and U.S. tariff uncertainty

On June 2, copper prices grew in futures and spot markets, supported by tight raw material supply, firm long-term demand expectations, and uncertain U.S. tariff policies.   Refined copper trading in China declined on June 2, as rising prices suppressed downstream procurement. Spot premiums also drop

China's copper inventory drawdowns likely to remain slow in June

China's domestic copper inventories recorded continuous drawdowns in April and posted a modest buildup for most of May. Compared to the same period in previous years, overall inventory levels in 2026 remain at historically high levels. Yet, a mild inventory drawdown in expected in June 2026 amidst r

A Glance of China Copper Market 20260602

Copper prices in China fluctuated during the reporting period (May 25-29), with the average price rising slightly week on week. Supply disruptions in raw materials and tight domestic refined copper output due to smelter maintenance provided price support. However, macro factors continued to drive vo

DAILY: U.S. tariff expectations on copper to drive prices higher

On June 1, LME copper prices grew, while China's futures and spot markets saw prices slightly fall. The U.S. is expected to decide whether to impose import tariffs on refined copper by late June, with the market beginning to worry that refined copper will continue flowing into the U.S. market,

DAILY: Frequently fluctuating copper prices raise market caution

On May 29, copper prices mildly rebounded in futures and spot markets, with overall sentiment notably influenced by developments of the negotiation between the U.S. and Iran on Middle East conflicts.   Mysteel's clean copper concentrate treatment charge (TC) index stood at -$107.2/dmt as of May 29,