Volatile Macro Conditions and Improving Fundamental Demand Supported Copper Prices [SMM Macro Weekly Review]

Copper Cathode Rod Production Rate Rises to 83.58% Amid Stable Operations and Price Rebound

Suppliers Sold Off Cargoes Before the Holiday Without Pressuring Discounts, Shanghai Spot Copper Discounts Held Steady [SMM Shanghai Spot Copper]

Weakening Market Demand Drove Down Spot Premiums [SMM North China Spot Copper]

Copper Foil Operating Rate Is Expected to Exceed 90% in April 2026