Brass Prices Surge Amid Supply Deficit and High International Copper Costs

Published: Mar 18, 2025 15:51
Currently, brass prices are rising, mainly influenced by the supply deficit in the market and the inversion caused by high overseas quotations. Domestic inventory remains low, production constraints, and reduced imports have exacerbated supply tightness, while the increase in international copper prices has further driven up costs. Due to high prices, downstream enterprises show low purchase willingness, with US-origin goods being almost entirely overlooked due to their high cost. In the short term, brass prices may remain high, but in the medium and long-term, there is still resistance for a price correction.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Copper Cathode Rod Inventories Diverge, Operating Rates Expected to Decline Further
21 mins ago
Copper Cathode Rod Inventories Diverge, Operating Rates Expected to Decline Further
Read More
Copper Cathode Rod Inventories Diverge, Operating Rates Expected to Decline Further
Copper Cathode Rod Inventories Diverge, Operating Rates Expected to Decline Further
【SMM Copper Cathode Rod News】Copper cathode rod raw material and finished product inventories diverged in trends. Enterprises restocked raw materials only for immediate needs, pushing up raw material inventories, while downstream cargo pick-up slowed down, leading to some accumulation of finished product inventories. Combined with the longer Labour Day holiday and more enterprises actively cutting production, the operating rate of copper cathode rod is expected to decline further significantly next week.
21 mins ago
Copper Prices Move Sideways on Weak Macro Disruptions, Limited Stocking Demand Before Labour Day Holiday [SMM Macro Weekly Review]
23 mins ago
Copper Prices Move Sideways on Weak Macro Disruptions, Limited Stocking Demand Before Labour Day Holiday [SMM Macro Weekly Review]
Read More
Copper Prices Move Sideways on Weak Macro Disruptions, Limited Stocking Demand Before Labour Day Holiday [SMM Macro Weekly Review]
Copper Prices Move Sideways on Weak Macro Disruptions, Limited Stocking Demand Before Labour Day Holiday [SMM Macro Weekly Review]
23 mins ago
Copper Cathode Rod Operating Rates Fall Short of Expectations in China Amid Low Demand
50 mins ago
Copper Cathode Rod Operating Rates Fall Short of Expectations in China Amid Low Demand
Read More
Copper Cathode Rod Operating Rates Fall Short of Expectations in China Amid Low Demand
Copper Cathode Rod Operating Rates Fall Short of Expectations in China Amid Low Demand
【SMM Copper Cathode Rod News Flash】Operating rates of copper cathode rod enterprises in China pulled back slightly WoW this week, falling short of market expectations. Pre-holiday terminal stockpiling was sluggish overall, with low purchase willingness in the enamelled wire and cable sectors. Enterprises struggled to secure new orders, highlighting the pressure on the demand side of the industry.
50 mins ago
Currently, brass prices are rising, mainly influenced by the supply de - Shanghai Metals Market (SMM)