Antofagasta Pangkas Proyeksi Produksi Tembaga 2026

[SMM Copper Cathode Rod Flash] This week, the operating rate of copper cathode rod producers increased by 1 percentage point WoW. Some post-maintenance production resumptions supported a slight recovery in operating rates, but the market was in the off-season for consumption, and copper prices consolidated at highs, suppressing purchase willingness. Downstream wait-and-see sentiment was strong; overall order performance was weak, and end-user rigid demand for wire and cable and enamelled wire was insufficient.

[Analisis SMM: Harga Tembaga Tinggi Menekan Permintaan di Tengah Perbedaan Payable Skrap Tembaga] Bahan tembaga No.1 dan No.2 berada di bawah tekanan yang lebih besar. Perawatan smelter, pelemahan musiman pada permintaan hilir, dan harga tembaga yang secara historis tinggi membuat pembeli mengurangi volume pengadaan dan berfokus terutama pada kebutuhan produksi langsung. Pada pertengahan Agustus, payable tembaga No.1 telah melonggar ke sekitar 96%–97%, sementara bahan tembaga No.2 AS diperdagangkan mendekati 95,5% dan bahan tembaga No.2 Eropa sekitar 94,5%–95%