Post-Holiday Consumer Recovery Remains Sluggish; Shandong Electrolytic Copper Spot Discount Under Pressure to Decline

2026-03-18 02:15:42

This Thursday, the average spot price of electrolytic copper in Shandong was at a discount of 470 yuan/ton. After the holiday, downstream copper processing companies gradually resumed work, but consumption recovery remains slow, and companies are still digesting pre-holiday inventories with light purchasing; smelting plants face significant shipment pressure after delivery, and the weak supply and demand situation has driven the discount lower. It is expected that next week, as companies fully resume work and demand slightly rebounds, the space for spot discount recovery will be limited due to high social inventory pressure. (SMM)

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

2 Likes