The Central Bank and the State Administration of Foreign Exchange: The macro-prudential adjustment parameters for cross-border financing of enterprises and financial institutions will be increased from 1.25 points to 1.5 points

After recent record highs, global copper prices have eased as traders balance seasonal slowdowns and rising inventories, even as structural deficits remain.

US copper plate prices firmed modestly in early February supported by tech-sector demand, but scrap values softened amid rising secondary supply.

Recycling Today reports that nonferrous markets began 2026 with notable volatility, with copper prices nearing record highs before moderating, while aluminum and zinc also saw fluctuating gains and retreats. In the copper scrap segment, global demand remains healthy despite softer U.S. demand. A Midwest scrap processor noted that high-grade scrap such as No. 1 bare bright copper fetched stronger prices, leading to unprecedented export volumes to India, Japan, and South Korea. Domestic consumers may soon recognize tighter apparent supply conditions.