쯔진광업, 제품 가격 상승에 힘입어 2026년 상반기 전년 대비 68% 이익 증가 전망

[SMM Analysis: H1 2026 Secondary Copper Rod Market Semi-Annual Report: Compliance Reshapes Pricing Logic, Supply-Demand Standoff Throughout] In H1 2026, the secondary copper rod market completely broke away from the traditional pricing framework of "copper prices – supply and demand." It was primarily impacted by the dual policy shocks of "reverse invoicing" moving from transitional verification to full implementation and the clearance of local irregular fiscal and tax incentives (Document No. 770), coupled with wide fluctuations as the most-traded SHFE copper contract retreated from the record high of 113,800 yuan/mt at the start of the year and consistently held the threshold of 100,000 yuan/mt in mid-year. The entire industry found itself in a deep stalemate characterized by "policies setting the structure, invoices locking in transactions, and copper prices setting the pace," with the operating rate plunging sharply YoY, and enterprises generally walking a tightrope between compliance pressure and weak demand.....

웨스턴 마이닝(Western Mining Co., Ltd., 601168)은 7월 9일 실적 전망을 공시하며 2026년 상반기 모회사 귀속 순이익이 40억 위안~43억 위안으로 전년 동기 대비 114%~130% 증가할 것으로 예상했다. 보고 기간 동안 비철금속 시장 가격이 강세를 유지했으며, 구리·금·은 제품 가격이 전년 동기 대비 상승해 회사 실적 호조를 견인했다.