MetrixAnnouncementsAbout UsCareersDownload AppSign InENMarketsIndustryData CenterNews and ReportsEventsMethodologySubscribeCopper Futures and Spot Price Fluctuations and the Current Status of the Wire and Cable Industry [South China Cable Conference]Published: Jul 15, 2026 13:50ShareShareSave

On July 15, at the , hosted by SMM Information & Technology Co., Ltd. and Shandong Aisi Information Technology Co., Ltd., co-organized by Guangxi Dasheng Power Equipment Co., Ltd., and strongly supported by Solarabic, a Middle Eastern new energy industry media, and the Guangdong Province Industrial and Trade Development Promotion Association, Shenzhen Bendakang Cable Co., Ltd. Chairman Hou Shaofan shared insights on “Copper Spot and Futures Price Fluctuations and the Status Quo of the Wire and Cable Industry”.

Macro Insights: Global and Regional Copper Consumption Patterns

► Global copper cathode consumption grows mildly, supply-demand pattern tightens

Global copper cathode consumption is expected to reach around 25 million mt in 2026, up 1.6% YoY. NEVs, PV and wind power, and AI computing centers become core drivers. The market will see a supply deficit, with ore supply tightness persisting.

► China's copper consumption leads the globe, driven by emerging fields

Source: Shanghai Metals Market