News Overview
On March 2, 2026, copper markets experienced a modest correction, with both spot and futures prices moving lower in tandem.
Market data shows:
- Yangtze River spot 1# copper: RMB 102,200/ton, down RMB 70
- Guangdong spot 1# copper: RMB 102,130/ton, down RMB 130
- London Metal Exchange copper: USD 13,259/ton, down USD 84
- Shanghai Futures Exchange SHFE Copper 2604: RMB 102,550/ton, down RMB 270
- SHFE Copper 2605: RMB 102,990/ton, down RMB 130
Futures declined slightly more than spot prices, reflecting cautious short-term sentiment. Domestic and international markets moved broadly in sync, indicating a coordinated adjustment driven by macro expectations and supply-demand dynamics.
As copper remains the core raw material in the wire and cable industry, even moderate price fluctuations directly impact production costs and pricing strategies. In a high-level consolidation range, disciplined procurement and risk management become increasingly critical.
Brand Perspective
At Chatnow Cable, we closely monitor global copper trends and maintain a stable, flexible supply chain to manage cost volatility effectively.
Through strategic sourcing and rigorous quality control, we ensure:
- Reliable delivery
- Consistent product performance
- Competitive pricing
- Long-term value for global partners
In a fluctuating raw material environment, stability and foresight define true competitiveness.
For the latest pricing or product inquiries, feel free to contact our team.
