Wire Price in China Rises 1.1% to USD 507.73/tonne

Wire prices in China stood at USD 507.73/tonne as of 2026-09-10, up 1.1% from USD 502.30/tonne on 2026-09-03. The monthly change was +5.1%, from USD 482.93/tonne on 2026-08-11. The quarter change was +1.5%, from USD 500.20/tonne on 2026-06-12, and the year change was +9.1%, from USD 465.40/tonne on 2025-09-10.

Over the past 52 weeks, the price reached a high of USD 507.83/tonne on 2026-08-31 and a low of USD 461.92/tonne on 2025-09-12.

Supply-side data point to tighter conditions. According to Shanghai Metals Market (SMM), China's copper wire rod exports fell 27.01% month on month in July 2026 to 23,800 mt, due to high copper prices and import-cost pressure. SMM also reported that secondary copper rod operating rates reached 11.83% in August 2026, up 1.57 percentage points month on month but down 16.5 percentage points year on year, amid raw material shortages and a 12% tax-inclusive invoice tax rate.

Claight market monitoring shows China's refined copper production dropped toward a forecasted 1.1392 million tons in August 2026, with copper concentrate treatment charges at -175.37 USD/mt. SMM data show SHFE-monitored deliverable copper stocks fell 13% week on week to 54,780 tonnes by mid-September 2026.