Copper Market Slows as Off-Season Nears, Orders Decline

Published: Jun 10, 2026 15:04

Save

[SMM Copper Express] Although existing orders on hand provide some support for production, the market is gradually transitioning into the traditional off-season, and downstream wait-and-see sentiment continues to intensify, dragging enterprise operating rates further down. The operating rate for copper cathode rod is expected to continue to pull back in June.

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 to learn more information, please contact: lemonzhao@smm.cn

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

Related News

1 hour ago

Physical premiums dropped significantly, while forward buying interest emerged [SMM Yangshan spot copper]

1 hour ago

Data: SHFE, DCE market movement (Jun 10)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 10 Jun , 2026

1 hour ago

2 hours ago

Results of Spot Tender for Copper Concentrates from a Large Mine Released

[SMM Spot Copper Concentrates] According to market rumors, the tender result of a large mine was released last week, where 60,000 mt of spot copper concentrates were traded through traders at TCs of -$220/dmt to -$225/dmt, far exceeding market expectations.

2 hours ago