[SMM Price] April 14 Guangdong Copper spot Market rising in various periods (second period)

According to Polar Power Grid, to accelerate the development of virtual power plants and leverage their positive role in supply assurance, operational regulation, and new energy integration, the first batch of virtual power plant pilot applications will be organized across Jiangxi Province, in accordance with documents such as the "Jiangxi Province Work Plan for Promoting High-Quality Development of Virtual Power Plants" and the "Jiangxi Province Guidelines for Virtual Power Plant Construction and Operation."

According to Electric Union New Media, the proposal for the outline of the 15th Five-Year Plan, reviewed and adopted at the Fourth Plenary Session of the 20th Central Committee of the Communist Party of China, explicitly states the need to "focus on institutional and mechanism obstacles hindering high-quality development" and "accelerate the improvement of markets and pricing mechanisms adapted to the new-type energy system."

[SMM Analysis: Reshaping Cu Cons Trade Flows: China's New Raw Material Strategy Landscape Amid Geopolitical Chessboard] According to data from the General Administration of Customs, China imported 2.704 million dmt of copper ore and concentrates in December 2025, a month-on-month increase of 7% and a year-on-year increase of 7.2%. From January to December, China’s cumulative imports of copper ore and concentrates reached 30.365 million dmt, a cumulative year-on-year increase of 7.8%.