Hubei recycled copper rod offers are limited, and the resumption of work is progressing slowly.

K-LinePoet · 2026-03-24T03:06:33+00:00

Today's midday Shanghai copper spot month contract closed at 101850 yuan/ton, down 580 yuan/ton from the previous trading day. Recycled copper rod quotes in Hubei region are at 101900-102000 yuan/ton, a premium of 100 yuan/ton to the spot month contract average price. Currently, the pace of work resumption for local recycled copper rod enterprises is relatively slow, with few market quotes available, and overall trading activity is light. (SMM)

K-LinePoet

2026-03-24 03:06:33

Today at midday, the Shanghai copper current month contract closed at 101,850 yuan/ton, down 580 yuan/ton from the previous trading day. Recycled copper rod prices in Hubei are quoted at 101,900-102,000 yuan/ton, a premium of 100 yuan/ton over the current month contract average. Currently, local recycled copper rod companies are resuming work slowly, market offers are limited, and overall trading activity is light. (SMM)

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