Copper prices declined, downstream order volumes surged, and market purchasing recovered.

Published: Jun 11, 2026 14:58

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[SMM Shanghai spot copper] Intraday copper prices declined, with the SHFE copper 2607 contract trading mainly in the range of 102,700 yuan/mt to 103,400 yuan/mt. According to SMM, affected by this, some downstream copper rod enterprises saw a release of orders, which were characterized by "small volumes and high frequency." The willingness of end-users to buy the dip gradually emerged, and market purchasing sentiment recovered somewhat.

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