Price Difference Between Narrow Refined Waste! If Scarce Copper Raw Materials Are Supplied, Can They Be Rescued?
The average value of optimized waste price differences last week was RMB 1,688/ton, while RMB 1,727/ton was RMB 39/ton last week. Copper prices fluctuated and fell last week, with the narrowing of the price difference between refining and waste mainly due to low inventory of recyclable copper raw materials holders and the price was high, with high prices.> However, the shortage of raw material supply has not caused recycling copper rod companies to increase demand for raw material reserves. According to the companies interviewed, the current operating rate of China's cable TV companies is expected to be only 40% cnc plastic machining, 60% in China and about 70% in southwestern China.
In the event of insufficient downstream demand, even if the supply of recycled copper raw materials is tight, it will not cause any concerns among the recycling copper rod companies. The recycled copper rod company only maintained urgent demand for purchases last week.> . In terms of imports, CNC companies mentioned last week that import traders began to resume imports of recyclable copper raw materials from the United States, but last week Trump announced another tariff on all Chinese imports. Since the beginning of this year, the United States has imposed an additional 20% tariff on Chinese goods. In the future, importers of recycled copper raw materials may again import recyclable copper raw materials from the United States, while the supply of recyclable copper raw materials in China is dangerous this year.>
Looking ahead to this week, the supply of domestically recycled copper raw materials will slowly recover, and overseas procurement is gradually recovering. Supplementing imported recyclable copper raw materials will effectively improve the shortage of household recycled copper raw materials.> .
Source: SMM Copper Processing Exchange Platform, Author: Liang. No media or individual can disseminate, publish or copy the original information of Shanghai's non-produced network in any form without authorization. (including but not limited to market data, price information, market statistics information, research information, etc.) Some content has been changed. If you have any questions, please consult and edit at the end of this article.
