Copper Prices Drop, Downstream Restocking Surges; Copper Rod Orders and Fees Decline

Published: Jun 29, 2026 11:58
[SMM Copper Flash] Last week, a sharp pullback in copper prices prompted concentrated downstream restocking. Today, new orders for copper rod enterprises plunged, copper rod processing fees across regions declined simultaneously, and market trading activity noticeably cooled.

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 for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn