Limited Quotes Amid Tight Market Circulation of Secondary Copper Rod

Published: Mar 5, 2026 15:01

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The front-month contract closed at 101,420 yuan/mt at midday, down 430 yuan/mt from the previous trading day. In Hubei, secondary copper rod was quoted at 101,700-101,800 yuan/mt, with an average premium of 330 yuan/mt against the front-month contract. At present, most secondary copper rod plants’ resumption progress fell short of expectations. Market circulation resources were relatively tight, the number of quoting enterprises was limited, and the overall trading sentiment remained sluggish.

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