The first week of August witnessed contrasting developments in the Copper Plate markets of China and Japan, highlighting the complex dynamics at play in the global Copper Plate industry. While China&#xx;s Copper Plate prices in the spot market showed resilience with a slight upward trend, Japan experienced a marginal decline, reflecting the varied economic conditions and market forces at work in these two major Asian economies.
China, the world&#xx;s largest copper consumer, experienced a slight x.xx increase in Copper Plate prices last week, following few weeks of decline. This uptick was primarily driven by a reduction in domestic bonded copper inventory, particularly noticeable in Shanghai and Guangdong. The opening of the import window in the preceding week facilitated the inflow of imported copper, contributing to the inventory decrease. The expected reduction in electrolytic copper arrivals from international sources in early August may contribute to a continued depletion...
