Earlier this year, we shared updates on rising copper prices across the global market. Since then, copper demand has continued to grow across industries such as AI infrastructure, electric vehicles, and consumer electronics. However, overall copper inventories remain low, keeping copper prices high.
As of June 1, copper prices on the London Metal Exchange (LME) reached around USD 13,687 per ton, representing a roughly 10% gain year-to-date (YTD). Goldman Sachs, a leading global investment bank, has raised its forecast, setting a year-end 2026 target of USD 13,735/tonne and a 2027 average of USD 13,800.
According to recent reports from China Central Television (CCTV), domestic Shanghai copper futures have risen from about RMB 92,000 per tonne at the end of March to nearly RMB 105,000 per tonne, and some major copper-processing manufacturers already have orders scheduled through the second half of 2027, showing a broad upward trend in copper prices.
Materials such as copper are widely used in products including charging cables, chargers, wireless chargers, and connectors. For reference, a typical charging cable contains around 5-10g of copper, a charger 10–20g, and a wireless charger 15–30g.
Rising copper prices, exchange rate fluctuations, and higher raw material costs may affect future or repeat order pricing. If you have upcoming projects or restocking plans, feel free to contact us in advance to review the latest pricing and product details.
