Copper Prices Remain High Despite Retreat; Major Plant Plans Shutdown Due to Inventory Buildup

Published: May 20, 2026 14:06

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[SMM Shanghai Spot Copper] According to SMM, although copper prices retreated after rapid rise, they still stayed high. End-user cargo pick-up speed slowed down, and affected by the buildup of finished product inventories, a large copper semis processing plant in east China planned to shut down all furnaces for maintenance.

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