Copper prices rebound, leading to cooled demand; holders still have the motivation to maintain prices

K-LinePoet · 2026-03-28T21:07:10+00:00

During the week, due to the rebound in copper prices, the market demand for electrolytic copper cooled down. However, previously the northern market experienced a supply shortage, with low electrolytic copper inventories, and downstream buyers placed long-term orders for pickup during the week, providing some support for sellers to maintain prices. (SMM)

K-LinePoet

2026-03-28 21:07:10

Due to the rebound in copper prices during the week, the demand for electrolytic copper in the market has cooled down. However, prior to this, the supply in the northern market was once tight, and the electrolytic copper inventory was low. Additionally, throughout the week, downstream companies executed long-term contracts, providing some price support for holders. (SMM)

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