SHFE Copper Center Shifted Upward, Some Copper Semis Enterprises Planned to Shut Down Furnaces and Cut Production

Published: Jun 3, 2026 09:31

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[SMM Shanghai Spot Copper] SHFE copper futures center shifted upward. Shanghai spot copper remained around 106,500 yuan/mt. End-user cargo pick-up speed slowed down. Some copper semis processing enterprises in east China planned to shut down furnaces and cut production due to the buildup of finished product inventories.

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