The most noteworthy change in the secondary copper rod market in October 2026 was not the rise or fall of copper prices, nor the widening or narrowing of the price difference between primary metal and scrap, but the reversal of the finished product pricing benchmark—the discount of secondary copper rod in Jiangxi against copper futures narrowed from 443 yuan/mt at end-September to 252 yuan/mt in the first week after the holiday
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