The holiday atmosphere is strong, and trading in the Shandong market is sluggish.

Published: Feb 12, 2026 16:31

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The spot copper market in Shandong has entered the Chinese New Year holiday period. Downstream enterprises in the province have completed pre-holiday stockpiling based on orders and holiday arrangements. Coupled with tightening logistics capacity, overall market trading is sluggish. As of Thursday, the average spot premiums/discounts were reported at a discount of 270 yuan/mt.

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