China Peak Season Sees Copper Demand Slip After Price Surge

Published: Nov 21, 2025 09:06

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During China’s usual peak industrial season for copper demand, a rapid price hike has triggered a drop in downstream manufacturing operating rates, resulting in a significant demand pull-back. Meanwhile, Chile’s copper regulator Cochilco has raised its average price forecasts to around USD 4.45 per pound for 2025 and USD 4.55 for 2026, highlighting persistent supply strain.

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