Latest news on China Copper markets

Copper price volatility to grow amid geopolitical conflicts and mixed fundamentals

China's 1# refined copper spot price stood at Yuan 101,393/tonne on March 4, falling continuously within the week amid recovering demand in China, high global inventory, and ongoing geopolitical conflicts.

Copper semis production to increase in China

Mysteel's weekly survey indicated that China's copper semis production varied last week, remaining generally weak amid gradual operation recovery post-CNY holiday, reflecting mediocre demand in China's copper market.

Gradual resumption seen in China's copper processing sector

Mysteel's recent survey covering 157 copper processing enterprises indicated that operations have been resumed at most manufacturers, but production still saw relatively slow recovery due to mediocre demand, amid elevated copper prices and sluggish end-user industry resumption.

China's copper industry sees slow recovery post-CNY holiday

During the CNY holiday, China's copper market saw strong supply yet sluggish demand, with transactions mostly halting. Post-holiday, slow market recovery in China, coupled with mixed macro and fundamental influences, are expected to keep short-term copper prices fluctuating at elevated levels.

MYSTEEL: Delayed peak seen in China's retail copper stocks after CNY

Retail stocks of refined copper throughout China are expected to reach a peak of between 37-40 days after this year's nine-day Chinese New Year (CNY) holiday that commences on February 15, the results of a recent Mysteel survey suggest. This year's CNY celebrations will formally end on February 23,

UPDATE: Rio Tinto, Glencore abandon mega merger plan

Rio Tinto, one of the world's largest mining companies, confirmed on Thursday that it is no longer pursuing a potential merger or other forms of business combination with Switzerland-based mining giant Glencore.

Surging copper prices hinder LT contract talk in Southwest China

The surge in prices of refined copper in China's market that has seen prices in the domestic spot market jump 21.50% between November 3 last year and January 30 to reach new record highs is delaying the settlement of long-term (LT) contract negotiations between the leading smelters and downstream co

Weak demand and low spot premiums to persist in China's copper market

China's 1# refined copper spot prices stood at Yuan 101,150/tonne on January 27, falling by Yuan 1,245/tonne compared with the previous trading day, according to Mysteel's assessment. Specifically, spot prices in Shanghai ranged between Yuan 101,150-101,810/tonne, averaging at Yuan 101,440/tonne. Th

Copper prices rebound with demand staying constrained

China's 1# refined copper spot prices stood at Yuan 102,678/tonne on January 26, significantly rebounding by Yuan 1,974/tonne compared with the previous trading day, according to Mysteel's assessment. Specifically, spot prices in Shanghai ranged between Yuan 102,250-103,300/tonne, averaging at Yuan

NBS: China's copper semis output rallies in 2025

China's copper industry recorded steady growth in 2025, buoyed by resilient end-user demand, official data shows.