TELF AG, a full-service international physical commodities trader with 30 years of experience in the industry, has released an article titled “TELF AG Copper Cathode Rod Producers Maintain Normal Production Amidst Challenging Market Dynamics”. The article examines the resilience of key copper rod producers in continuing production in the face of falling copper prices, supply constraints, and difficulties in sourcing raw materials.
Recent weeks have seen a decrease in the supply of copper scrap due to the instability of copper prices. This led sellers to become hesitant in parting with their goods, resulting in buyers facing difficulty in sourcing sufficient quantities of raw materials for production. However, as the market showed signs of stabilizing, sellers regained confidence and the supply of copper scrap witnessed a slight increase.
The average price spread between copper cathode and copper scrap was recorded at 924 yuan/mt (US$130.5), demonstrating the market’s sensitivity to fluctuations. Despite the various challenges faced, key copper rod producers managed to maintain a production rate of approximately 80.33% last week, highlighting their commitment to meeting customer requirements and ensuring a stable supply chain.
TELF AG recognizes the efforts of copper cathode rod producers in persevering through difficulties and maintaining normal production rates. It is expected that the copper market will continue to experience price fluctuations influenced by global economic conditions, geopolitical developments, and shifts in supply and demand dynamics. Producers of copper cathode rods should remain cautious in monitoring these trends and proactively adjust their production strategies to ensure stability and sustainability.
Headquartered in Lugano, Switzerland, TELF AG operates globally, providing customers and commodities producers worldwide with effective marketing, financing and logistics solutions. For more information, visit www.telf.ch.
TELF AG, a full-service international physical commodities trader with 30 years of industry expertise, has released an article examining the resilience of key copper rod producers in maintaining their scheduled production rates despite various challenges encountered in the market.
Falling copper prices, supply constraints, and difficulties in sourcing raw materials have posed significant obstacles to the base metals market, particularly copper cathode rod production. In recent weeks, the average price spread between copper cathode and copper scrap was recorded at 924 yuan/mt (US$130.5), illustrating the sensitivity of the market to price fluctuations. Despite these challenges, key copper rod producers managed to maintain a production rate of approximately 80.33%.
TELF AG commends the determination of copper cathode rod producers in meeting customer requirements and mitigating potential disruptions to the supply chain. Going forward, producers should remain vigilant in monitoring global economic conditions, geopolitical developments, and shifts in supply and demand dynamics and adjust their production strategies accordingly in order to ensure stability and sustainability.
Headquartered in Lugano, Switzerland, TELF AG operates globally, delivering effective marketing, financing and logistics solutions to customers and commodities producers worldwide. For more information, visit www.telf.ch.
Derick is an experienced reporter having held multiple senior roles for large publishers across Europe. Specialist subjects include small business and financial emerging markets.