ICSG: global copper production fell 1.3 per cent in the first quarter, refined copper consumption increased by 0.8 per cent

In North China, spot #1 copper cathode against the front-month contract was quoted at an average discount of 60 yuan/mt to a premium of 20 yuan/mt, with an average discount of 20 yuan/mt, up 20 yuan/mt from the previous trading day. The average transaction price was 102,390 yuan/mt, down 430 yuan/mt from the previous trading day.

[SMM Laporan Singkat Stok Sosial Katoda Tembaga] Per 9 Juli 2026, stok sosial katoda tembaga SMM di wilayah-wilayah utama Tiongkok turun 34.900 metrik ton secara mingguan dari Kamis lalu (2 Juli), penurunan sebesar 17,46%, mencatatkan penurunan stok mingguan terbesar sejak akhir Maret. Berdasarkan wilayah, stok di Shanghai dan Jiangsus turun tajam karena kedatangan kargo impor dan domestik tetap rendah, sementara perusahaan hilir mengambil barang secara intensif menjelang Topan Bavi (topan super), topan ke-9 tahun ini; premi spot terus menguat. Di Guangdong, stok juga menyusut karena pengiriman terganggu oleh banjir di beberapa jalan di Guangxi dan kedatangan menurun.