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

[CCL Customs Data] According to data from the General Administration of Customs, China's CCL (HS code: 74102110) imports in April 2026 were 3,601.89 mt, up 20.57% YoY and down 13.38% MoM. From January to April 2026, China's cumulative CCL imports were 14,173.18 mt, up 10.83% YoY. China's CCL exports in April 2026 were 8,113.10 mt, up 4.52% YoY and up 2.67% MoM. From January to April 2026, China's cumulative CCL exports were 31,484.96 mt, up 9.21% YoY.

[Copper Foil Customs Data] According to data from the General Administration of Customs, the major countries and regions for China's copper foil imports in April 2026 were Taiwan, China, Malaysia, and Indonesia, with imports of 4,402.70 mt, 1,260.62 mt, and 602.54 mt, respectively. The major countries and regions for China's copper foil exports in April 2026 were Thailand, Malaysia, and Egypt, with exports of 1,900.63 mt, 988.81 mt, and 586.78 mt, respectively.

[Copper Foil Customs Data] According to data from the General Administration of Customs, in April 2026, China's copper foil imports via Ordinary Trade totaled 5,321.36 mt; processing trade with supplied materials, 304.2 mt; processing trade with imported materials, 889.93 mt; and other trade modes, 1,173.52 mt. In April, China's copper foil exports via Ordinary Trade totaled 1,289.38 mt; processing trade with supplied materials, 1,777.06 mt; processing trade with imported materials, 3,783.57 mt; and other trade modes, 509.83 mt.