[SMM Analysis] China’s Copper Plate/Sheet & Strip Exports Get Off to A Good Start in 2026

Published: Mar 23, 2026 10:30

According to data from the General Administration of Customs, China’s copper plate/sheet and strip exports were 13,233.73 mt in January 2026, up 30.59% MoM and up 27.53% YoY; in February, exports were 8,395.28 mt, down 36.56% MoM and up 11.87% YoY. In January-February, China’s cumulative copper plate/sheet and strip exports reached 21,629.01 mt, up 20.96% YoY cumulatively.

In January-February 2026, China’s copper plate/sheet and strip exports rose 20.96% YoY, maintaining overall steady growth, with exports covering 120 countries and regions. In terms of export pattern, Vietnam and South Korea ranked first and second, with export volumes of 2,549 mt and 2,542 mt, up 13.6% YoY and 42.5% YoY, respectively. India maintained steady growth and ranked third with exports of 1,898 mt, with the YoY growth rate reaching 29.6%; Taiwan, China and Japan followed, with export volumes of 1,864 mt and 1,375 mt, respectively. Among them, Taiwan, China was up 5.4% YoY, while Japan was the only major destination market to post a YoY decline, down 16.7%. In terms of growth rates, emerging markets were particularly outstanding: Mexico’s YoY growth rate reached as high as 149.0%, with exports surging from 304 mt to 757 mt, making it the most prominent growth market. Malaysia, Thailand, and Germany also performed strongly, with YoY growth rates of 47.0%, 47.2%, and 44.6%, respectively, all achieving growth of more than 40%.

The structure of China’s copper plate/sheet and strip export trade modes continued the characteristics seen in the previous period. Customs data showed that in January-February, processing trade with imported materials remained the core export mode, with exports of 14,335 mt, accounting for 66.3% and firmly maintaining its dominant position; Processing and Assembling exports were 3,655 mt, accounting for 16.9%; Ordinary Trade exports were 2,182 mt, accounting for 10.1%; and other trade modes totaled 1,458 mt, accounting for 6.7%.

In terms of detailed product structure, in January-February 2026, China’s copper plate/sheet and strip exports were still dominated by copper strip, with exports of 14,151 mt, accounting for 65% and up 23.8% YoY, serving as the core driver boosting overall exports. Bronze strip performed strongly, with a YoY growth rate of 34.8%, the fastest among major categories; cupronickel strip, brass strip, and other categories also achieved YoY growth, with the overall structure remaining stable and growth momentum abundant. (HS code 74091110,74091190,74091900,74092100,74092900,74093100,74093900,74094000,74099000)

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Global Copper Mine Production Flat in Q1 2026, Indonesia's Grasberg Mine Sees Sharp Decline
May 24, 2026 00:15
Global Copper Mine Production Flat in Q1 2026, Indonesia's Grasberg Mine Sees Sharp Decline
Read More
Global Copper Mine Production Flat in Q1 2026, Indonesia's Grasberg Mine Sees Sharp Decline
Global Copper Mine Production Flat in Q1 2026, Indonesia's Grasberg Mine Sees Sharp Decline
Preliminary data indicated that global copper mine production in Q1 2026 was basically flat, with copper concentrates production declining by 1.1%, offset by a 3.3% increase in solvent extraction-electrodeposition (SX-EW) production.Although global mine production benefited from additional output from capacity ramp-up at projects in several countries, significant declines in copper concentrates production in Chile, the DRC, and Indonesia offset global growth.In Indonesia, copper concentrates production at the Grasberg mine fell by 42%, as the severe mud inflow event that occurred in September last year continued to impact production at the mine.
May 24, 2026 00:15
North Copper to Boost Gold Production and Enhance Copper Processing Value
May 24, 2026 00:15
North Copper to Boost Gold Production and Enhance Copper Processing Value
Read More
North Copper to Boost Gold Production and Enhance Copper Processing Value
North Copper to Boost Gold Production and Enhance Copper Processing Value
North Copper stated at its earnings briefing on May 22 that since 2025, the contributions of sulphuric acid and precious metals businesses to the company's operating performance had increased significantly. Going forward, the company would further adjust its copper raw material structure, increase the procurement proportion of gold concentrates, and boost gold production. Meanwhile, it would increase R&D and capacity for mid-to-high-end copper strip products, raise the production proportion of treated foil in rolled copper foil, and continuously enhance the added value of copper processing products.
May 24, 2026 00:15
Jinchengxin Increases Stake in Alacran Mine to 97.5%, Boosts Investment by $178.67M
May 24, 2026 00:13
Jinchengxin Increases Stake in Alacran Mine to 97.5%, Boosts Investment by $178.67M
Read More
Jinchengxin Increases Stake in Alacran Mine to 97.5%, Boosts Investment by $178.67M
Jinchengxin Increases Stake in Alacran Mine to 97.5%, Boosts Investment by $178.67M
Jinchengxin (603979) announced on May 22 that the company's equity interest in the Alacran copper-gold-silver mine has increased to 97.5%. Accordingly, the company plans to increase its project construction investment by $178.67 million in proportion to the equity change, bringing the cumulative investment to approximately $409.89 million. Apart from the changes in the company's equity proportion and corresponding investment amount, the investment estimate, construction plan, and other aspects of the Alacran copper-gold-silver mine project remain unchanged.
May 24, 2026 00:13