Today, domestic downstream enterprises have adopted an extremely passive attitude towards purchasing secondary copper raw materials in the market, with their offers decreasing WoW. There are two main reasons for this phenomenon: Firstly, the market is currently in the contract rollover phase for copper futures, which has increased market uncertainty and made downstream enterprises more cautious in their procurement decisions. Secondly, following the initial production phase, the consumption of raw materials corresponding to the orders in hand has nearly come to an end, and new orders have not yet flooded in, resulting in insufficient demand for secondary copper raw materials. Under the combined influence of these two factors, market trading activity has significantly decreased.