Экспорт проводов и кабелей из Китая вырос на 21,56% м/м в апреле 2026 года, совокупный экспорт с начала года увеличился на 7,81% г/г

[Copper Scrap Exports from Core Supplying Countries Pulled Back in April] Thailand and Japan, the top two supplying countries, both saw their exports to China decline MoM in April, with Thailand down 14.22% MoM and Japan down 17.60% MoM. Although their combined share still exceeded 30%, the MoM growth disappeared, weakening their support for overall imports.

[Import profit margins narrowed, purchase enthusiasm cooled] From late March to April, the center of copper prices continued to rebound, and ex-China secondary copper traders showed strong sentiment to hold prices firm, with the quotation coefficient of bare bright copper against LME remaining in a high range for an extended period, driving procurement costs continuously higher. However, downstream processing enterprises in China had limited acceptance of high-priced copper scrap and showed a strong willingness to push for lower prices. The profit margins on imported copper scrap narrowed compared to the previous period, which was one of the reasons for the MoM pullback in imports in April.

По данным Главного таможенного управления, экспорт медных листов/плит и полос из Китая в апреле 2026 года составил 12 246,37 тонн, увеличившись на 5,46% по сравнению с предыдущим месяцем и на 14,01% в годовом исчислении. С января по апрель совокупный экспорт медных листов/плит и полос из Китая достиг 45 487,58 тонн, увеличившись на 16,14% в годовом исчислении нарастающим итогом.