Sluggish Transactions of Secondary Copper Rod in the Initial Stage of Production Resumption

Published: Feb 25, 2026 15:27

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The front-month contract closed at 102,380 yuan/mt during the midday session today, up 680 yuan/mt from the previous trading day. In Hubei, secondary copper rod was quoted at 101,300–101,400 yuan/mt, at a discount of 980–1,080 yuan/mt (average discount of 1,030 yuan/mt) against the front-month contract. As the Chinese New Year holiday ended, enterprises gradually resumed production, but the actual transaction atmosphere remained sluggish.

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