China's Blister Copper and Anode Plate RCs to High Levels

Published: Feb 27, 2026 17:34

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[SMM Copper Market] Since 2026, as copper prices have trended higher and the price difference between primary metal and scrap has widened, copper scrap has continued to flow into the smelting sector. Copper smelters in China have seen an increase in their inventory levels of cold materials, leading to a looser supply landscape in the cold materials market. As of February 27, 2026, SMM's spot RCs for blister copper and anode plates in China remained at high levels.

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