Trading in the secondary copper rod market remained sluggish.

Published: Jan 14, 2026 13:25

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[SMM Secondary Copper Rod Update] The front-month contract closed at 104,290 yuan/mt in the afternoon session today, up 1,440 yuan/mt from the previous trading day. In Hubei, secondary copper rod was offered at 101,950-102,050 yuan/mt, at a discount of 2,240-2,340 yuan/mt against the front-month contract (average discount: 2,290 yuan/mt). According to SMM, amid persistently high copper prices, demand for secondary copper rod remained sluggish, downstream orders were insufficient, and overall market trading activity was sluggish.

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