Latest news on China Copper markets

China's refined copper social inventory continues accumulating

Mysteel survey data showed that China's refined copper social inventory reached 327,500 tonnes as of January 15, 2026, up by 42,800 tonnes from January 8 and 19,900 tonnes from January 12, maintaining the recent accumulating trend.    Supported by high refined copper output and the significant dampe

MYSTEEL: China's copper price seen hitting record in '26 on tight supply

Copper prices are on track to scale fresh all-time highs in 2026, propelled by a convergence of tightening fundamental factors, Mysteel annual report on the red metal notes.

Copper price volatility to remain significant in the short term

China's 1# refined copper spot prices stood at Yuan 103,438/tonne on January 14, rebounding by Yuan 1,288/tonne compared with the previous trading day, according to Mysteel's assessment. Specifically, spot prices in Shanghai ranged between Yuan 102,950-104,200/tonne, averaging at Yuan 103,500/tonne.

GACC: China's 2025 copper conc imports hit record high

China's imports of copper-related products staged a clear split in 2025, characterized by a rise in imports of copper ore and concentrate contrasted with a decline in imports of unwrought copper and copper semi-finished products, according to new data released by the General Administration of Custom

Sharply rebounding copper prices dampen transactions in China

China's 1# refined copper spot prices stood at Yuan 103,051/tonne on January 12, rebounding significantly by Yuan 3,053/tonne compared with the previous trading day, according to Mysteel's assessment. Specifically, spot prices in Shanghai ranged between Yuan 102,730-103,700/tonne, averaging at Yuan

Rio Tinto, Glencore confirm merger talks

Rio Tinto, one of world's leading iron ore producers, and Glencore, the Swiss-based mining giant, both confirmed on Friday that they are in preliminary discussions about a possible combination of some or all of their businesses, including an all-share merger.

China's copper prices fluctuate with transactions remaining sluggish

China's 1# refined copper spot prices stood at Yuan 103,501/tonne on January 7, rising slightly by Yuan 219/tonne compared with the previous trading day, according to Mysteel's assessment. Specifically, spot prices in Shanghai ranged between Yuan 102,770-104,510/tonne, averaging at Yuan 103,555/tonn

Heightened risks remain as China's copper prices approach potential adjustments

Supported by expectations of persistently tight copper concentrate supply, rising precious metal prices, and increasingly bullish market sentiment, copper prices have surged sharply since December 2025, repeatedly hitting new record highs. As of January 6, 2026, the Shanghai Futures Exchange (SHFE)

China's 2026 copper prices to strengthen with H1 outperforming H2

Mysteel's 2025 Copper Industry Chain Annual Report is coming. Check the following excerpt for a brief 2025 price overview and 2026 price outlook!

Copper prices plunge with downstream consumption improving

China's 1# refined copper spot prices stood at Yuan 96,738/tonne on December 30, retreating notably by Yuan 3,771/tonne compared with the previous trading day, according to Mysteel's assessment. Specifically, spot prices in Shanghai ranged between Yuan 95,820-97,840/tonne, averaging at Yuan 96,750/t