Copper Prices Drop Below 96,000 Yuan/mt, Prompting Increased Orders and Higher Processing Fees

Published: Mar 19, 2026 13:11

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【SMM Copper Cathode Rod Flash News】Copper prices pulled back sharply and fell below the 96,000 yuan/mt mark, prompting downstream enterprises to engage in concentrated procurement, while new orders received by copper cathode rod enterprises increased significantly starting from the night session. To manage the pace of taking orders, enterprises raised processing fees one after another; meanwhile, due to the surge in order volumes and concerns over downstream cargo pick-up progress, some enterprises have already increased deposits to control risks.

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