Monthly Copper Market Report Aug 2025

Contents
1. Market Highlights 2
2. Economy and Policy 3
2.1 Economy and Policy 3
2.1.1 China's nonferrous metals industry sees steady growth in H1 2025 3
2.1.2 China's foreign trade growth in July hits year-to-date high 3
2.1.Asian Metal Copyright1 Chinese copper rod producers' operating rate up by 5.Asian Metal Copyright3 China's production of ten nonferrous metals up 2.8% in Jan-Jul 3
2.1.4 China's copper cathode output rises 14% YoY in Jul 3
3. Market Movements 3
3.1 Chinese Market 3
3.1.1 Copper concentrate 25%min TC CIF China 3
3.1.2 Chinese copper concentrate 20%min price delivered 3
3.1.Asian Metal Copyright2 China's foreign trade growth in July hits year-to-date high 3 2.Asian Metal Copyright3 Chinese copper cathode 99.99%min price delivered 4
3.1.4 Chinese copper rod Ф8mm TC EXW 4
3.1.Asian Metal Copyright2 Chinese copper rod producers' output down by 5.Asian Metal Copyright5 Chinese blister copper 98.5%min TC delivered 4
3.1.6 Chinese copper scrap wire 99%min price delivered 4
4. Company News 4
4.1 Defu Technology to acquire Circuit Foil Luxembourg for EUR174 million 5
4.2 JISCO Dongxing Aluminum Jiayuguan Branch announces bid results for ferrophosphorus 5
4.3 Taseko announces second quarter financial and operational results 5
4.4 Capstone Copper Reports Second Quarter 2025 Results 5
4.5 Xinjiang Kunlun Blue Diamond Mining Development boosts copper rod production 5
4.6 Zhangjiagang United Copper raises copper cathode production 5
4.7 Changzhou Yuanmei New Materials Technology reduces copper rod production 5
5. Producers Statistics 5
5.1 Chinese refined copper producers 5
5.1.Asian Metal Copyright5 Xinjiang Kunlun Blue Diamond Mining Development boosts copper rod production 5 4.Asian Metal Copyright1 Chinese refined copper producers' operating rate up by 2.17% MoM in Aug 5
5.1.Asian Metal Copyright05% YoY in Jul 2025 10 .Asian Metal Copyright2 Chinese refined copper producers' output up by 6.21% MoM in Aug 6
5.1.Asian Metal Copyright99%min price delivered 4 3.Asian Metal Copyright3 Chinese refined copper producers' inventory up by 36.77% MoM in Aug 6
5.2 Chinese copper rod producers 7
5.2.Asian Metal Copyright1 Chinese copper rod producers' operating rate up by 5.Asian Metal Copyright1 Chinese copper rod producers' operating rate up by 5.14% in Aug MoM 7
5.2.Asian Metal Copyright6 Zhangjiagang United Copper raises copper cathode production 5 4.Asian Metal Copyright2 Chinese copper rod producers' output down by 5.82% MoM in Aug 7
5.2.Asian Metal Copyright6 Chinese copper scrap wire 99%min price delivered 4 4.Asian Metal Copyright3 Chinese copper rod producers' inventory down by 18.59% MoM in Aug 7
6. Import Statistics 8
6.1 China's copper cathode (Cu<99.Asian Metal Copyright1 Copper concentrate 25%min TC CIF China 3 3.Asian Metal Copyright9935%) import volume declined 17.60% YoY in Jul 2025 8
6.2 China's copper cathode (Cu<99.Asian Metal Copyright3 Chinese copper cathode 99.Asian Metal Copyright9935%) import volume declined 17.60% YoY in Jul 2025 9
7. Export Statistics 9
7.1 China's copper cathode (Cu≥99.Asian Metal Copyright1.Asian Metal Copyright9935%) export volume increased 69.13% YoY in Jul 2025 9
7.2 China's copper rod export volume increased 59.05% YoY in Jul 2025 10


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