pacmanmachine| Copper processing plants and traders expressed confusion about high copper prices: demand was suppressed, and some companies chose to take holidays

Newsletter summary

Copper prices at home and abroad have reached record highs, and downstream demand has been affected. Copper processing plants and traders are confused about the current copper prices and think that they have been separated from the relationship between supply and demand.

Text of news flash

[copper prices at home and abroad have hit new highs one after another, downstream demand has been suppressed] recently, domestic and foreign copper prices have repeatedly set new highs, and downstream market demand has been suppressed. Affected by this, some copper rod processing plants and cable factories choose to have a holiday due to lack of orders. Copper processing plants and traders show that the current copper pricePacmanmachineConfused and confused, it is believed that the price of copper has to a large extent separated from the fundamental relationship between supply and demand. The continuous rise of copper prices has brought a lot of pressure on the market, downstream processing plants and traders are facing the dual dilemma of rising costs and reduced orders. Some people in the industry said that the current rise in copper prices has exceeded market expectations, and the impact on downstream industries can not be ignored. Despite the high copper price, the weak demand in the downstream market has caused copper processing plants and traders to disagree on the future market trend. Some companies choose to cut production or take holidays to deal with market uncertainty, while others expect copper prices to return to a reasonable range. Generally speaking, the fluctuation of copper price has brought a lot of challenges to the market, and all parties need to pay close attention to the market dynamics and respond in time. At the same time, downstream industries should also strengthen their competitiveness, improve product quality and service level, in order to cope with market fluctuations.

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