Demand Recovery Boosted Trading in the Shandong Copper Market

Published: Mar 5, 2026 14:25

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This week, the spot market in Shandong recovered. As of Thursday, the average spot premiums were reported at a discount of 280 yuan/mt. Early in the week, copper prices declined; coupled with an accelerated pace of work and production resumptions at downstream copper processing enterprises after the Lantern Festival, orders and procurement demand rebounded in tandem, market trading sentiment recovered markedly, and premiums strengthened accordingly.

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