Market Summary
Copper prices continued their downward trend today across both domestic and international markets, reflecting ongoing pressure from macroeconomic uncertainty and weakened short-term demand sentiment.
Latest Market Data
Changjiang Spot Copper (1#): 99,180 RMB/ton, ↓1,290 RMB
Oxygen-Free Copper Wire (Hard): 100,340 RMB/ton, ↓1,290 RMB
Enameled Wire: 104,450 RMB/ton, ↓1,290 RMB
A00 Aluminum: 24,510 RMB/ton, ↓390 RMB
Guangdong Spot Copper (1#): 99,140 RMB/ton, ↓1,280 RMB
Guangdong A00 Aluminum: 24,520 RMB/ton, ↓390 RMB
LME Copper: 12,771 USD/ton, ↓4 USD
SHFE Copper 2604: 99,150 RMB/ton, ↓910 RMB
SHFE Copper 2605: 99,150 RMB/ton, ↓960 RMB
Copper & Cable Industry Insight
Copper is a core raw material in the wire and cable industry, directly impacting production costs and pricing stability. Short-term fluctuations like today's decline may provide temporary cost advantages for procurement, but overall volatility still requires careful inventory and pricing management.
Industry Perspective
Chatnow Technology continues to monitor copper market dynamics closely, ensuring stable material supply and competitive pricing to support our global customers with reliable cable solutions.