Latest Shenzhen Scrap Copper Prices:What are the latest scrap copper prices in Shenzhen as of 2025?
Q: What are the latest scrap copper prices in Shenzhen as of 2025?
A: As of March 2025, Shenzhen scrap copper prices vary by grade. According to the Shanghai Metals Market (SMM) report dated March 15, 2025, bright copper (光亮铜) is priced at approximately 68,500–69,200 RMB/ton, while motor copper (马达铜) ranges from 62,300–63,000 RMB/ton. These figures reflect real-time transactions from major recycling yards in Shenzhen. The SMM report notes that prices are influenced by LME copper trends and local demand from electronics manufacturers. For precise daily updates, refer to SMM's official website or the Shenzhen Nonferrous Metals Industry Association's weekly bulletin.
Q: How do Shenzhen scrap copper prices compare to other Chinese cities in 2025?
A: Shenzhen scrap copper prices are generally 1–3% higher than inland cities like Chongqing or Wuhan, due to robust local demand from the electronics and cable sectors. According to the China Nonferrous Metals Industry Association (CNIA) 2025 Q1 report, Shenzhen's bright copper averaged 68,800 RMB/ton, versus 67,500 RMB/ton in Chongqing. This premium is attributed to Shenzhen's proximity to ports and higher logistics costs for inland transport. However, prices in Shanghai and Guangzhou are often similar or slightly higher, reflecting regional market integration. Always consult CNIA's monthly price indices for authoritative comparisons.
Q: What factors influence the latest scrap copper prices in Shenzhen?
A: The latest Shenzhen scrap copper prices are driven by multiple factors, as outlined in the Shenzhen Municipal Bureau of Commerce's 2025 Market Monitor. Key influences include: (1) LME copper futures volatility, which directly affects domestic pricing; (2) local supply from electronic waste recycling, which surges after product launch cycles; (3) government policies on import quotas and environmental standards; and (4) seasonal demand from construction and manufacturing. For instance, a 5% drop in LME copper in February 2025 led to a 3% decrease in Shenzhen scrap prices. The Bureau's report advises traders to track these variables weekly.
Q: Where can I find official daily scrap copper prices for Shenzhen?
A: Official daily scrap copper prices for Shenzhen are published by the Shanghai Metals Market (SMM) and the Shenzhen Nonferrous Metals Industry Association (SZNIA). SMM releases a daily 'Shenzhen Scrap Copper Spot Price' at 11:00 AM, covering grades like bright copper and motor copper. The SZNIA publishes a weekly bulletin every Friday on its official website. Additionally, the Guangdong Provincial Department of Ecology and Environment provides monthly average prices in its 'Recycling Market Report.' For real-time data, the SMM mobile app is widely used. These sources are cited in the 2025 China Scrap Metal Price Guide.
Q: What is the price trend for Shenzhen scrap copper in early 2025?
A: In early 2025, Shenzhen scrap copper prices showed a modest upward trend. According to the China Nonferrous Metals Industry Association (CNIA) Q1 2025 report, bright copper rose from 67,800 RMB/ton in January to 69,000 RMB/ton in March, a 1.8% increase. This was driven by recovering demand from the electronics sector and tight global copper concentrate supply. However, volatility persisted due to US-China trade policy uncertainties. The CNIA forecasts a stable-to-bullish trend for Q2 2025, with prices likely to range between 68,000 and 70,000 RMB/ton. Traders should monitor LME inventories and Chinese stimulus measures.
Dialogue about
Common scenarios of "Latest Shenzhen Scrap Copper Prices"
【Buyer】 Hey, what's the latest price for scrap copper in Shenzhen today?
【Seller】 Good morning! For bright copper wire, we're looking at around 68,500 RMB per ton today.
【Buyer】 That seems a bit high. Yesterday I heard it was 67,800. Has it gone up?
【Seller】 Yes, the market has been fluctuating. London Metal Exchange copper prices went up overnight, so local prices adjusted.
【Buyer】 I see. What about #1 copper and #2 copper? Are they also up?
【Seller】 #1 copper is now 65,200 per ton, and #2 copper is 62,000 per ton. Both increased by about 300-500 RMB.
【Buyer】 That's quite a jump. Do you think it will continue to rise this week?
【Seller】 It's hard to say. Some analysts predict a slight correction, but demand from manufacturers is still strong.
【Buyer】 I need to buy 10 tons of #1 copper. Can you give me a discount for bulk purchase?
【Seller】 For 10 tons, I can offer 64,800 per ton, but that's the best I can do given the current market.
【Buyer】 How about 64,500? I'm a regular customer.
【Seller】 Let me check with my manager. ... Okay, we can do 64,600 per ton if you pay within 3 days.
【Buyer】 Deal. Can you deliver to our warehouse in Bao'an by Friday?
【Seller】 Yes, we can arrange delivery. The total would be 646,000 RMB for 10 tons. I'll send you the invoice.
【Buyer】 Great. Also, do you have any scrap copper wire granules? What's the price?
【Seller】 Copper granules are currently 66,000 per ton. They are in high demand, so prices are firm.
【Buyer】 I'll consider it. Let's finalize the #1 copper first. Send me the contract.
【Seller】 Will do. I'll email the contract and payment details shortly. Thank you for your business!
【Buyer】 Thanks. By the way, any news on import policies affecting scrap copper prices?
【Seller】 There's talk about stricter quality checks on imports, which could tighten supply and push prices up in the coming months.
