内容概要：铜作为基础工业原料，在新能源汽车、光伏、电子信息、电力基础设施等战略新兴及民生关 键领域需求旺盛，而原生铜矿开采受资源禀赋与环境约束，再生铜的替代价值与经济性日益凸显，成为 弥补供需缺口的关键渠道，尤其近几年，在国家循环经济发展战略与"双碳"目标的双重驱动下，我国废 铜回收市场步入高速发展的黄金期，据统计，2024年我国废铜回收量达260万吨，同比增长8.3%；回收 均价达68564.9元/吨，同比增长10.4%；回收价值达1782.7亿元，同比增长19.6%。 废铜回收是指对生产、流通、消费环节中产生的失去原有使用价值或被淘汰的铜及铜合金制品，通过收 集、分拣、加工、提纯等一系列工艺，使其重新转化为可用于工业生产的铜原料（再生铜）的资源循环 利用过程。废铜回收不仅能减少铜矿开采带来的资源消耗和环境破坏，还能降低铜冶炼的能源消耗和污 染物排放，是实现铜资源可持续利用的核心途径。按来源不同，废铜可以分为工业废铜和生活废铜，因 此，废铜回收也可以分为工业废铜回收和生活废铜回收。 废铜回收分类 二、发展历程 我国废铜回收行业从计划经济时期的国营垄断，到改革开放后的市场化萌芽，再到工业化进程中的快速 扩张， ...

你看像广东佛山、清远这些地方，报价总是比较"跳脱"。这跟地方经济结构分不开。那边工厂密，特别是需要大量铜材的先进制造企业多，他们"胃口"大， 要得急，自然就把收购价给抬上去了。而且南方整个回收网络织得密，信息流转快，市场一有风吹草动，反应特别灵敏。他们那边库存听说一直不算厚实， 这下需求一旺，可不就显得货更紧俏了嘛。 嘿，各位收废铜、搞回收的同行们，今儿个咱们来唠唠这市场上的热乎气儿！眼瞅着这废铜价格就跟开了春的笋似的，蹭蹭往上冒，特别是那些好料子，像 光亮铜、紫杂铜，真是抢手。这行情到底为啥这么火？背后有啥门道？咱们一起掰扯掰扯。 这波涨价，到底是啥在背后推着？ 要我说啊，这回涨价可不是空穴来风。首先得看"大盘子"，就是期货市场那边，铜价一挺腰杆，咱们这边废铜的底气自然就足了，这是最直接的风向标。再 者呢，下游那些工厂，尤其是做新能源配件、电子元件的，最近活儿好像多起来了，他们一开工，对铜料的需求"嗷"一下就上来了。咱们手里的废铜，正好 对上了他们的胃口，价格能不上浮吗？这就好比赶集，买东西的人一多，卖货的嗓门都亮堂。 南方市场为啥总是跑在前头？ 往后看，这行情能稳得住吗？ 说实话，谁也没法打保票。不过可以 ...

Core Insights - The surge in scrap copper prices is driven by a combination of supply shortages, increased demand for high-purity copper, and rising logistics costs [1][6][7] Industry Chain Reactions - The price volatility has created a "no rice to cook" situation for copper rod manufacturers, with production cycles extending to 7 days and order backlogs exceeding 1,000 tons [3] - Cable manufacturers are facing significant cost pressures, with prices for scrap copper reaching 78,300 yuan/ton, leading to a minimal price difference between refined and scrap copper [3] Technological Advancements - The recycling industry is undergoing a technological revolution, with the introduction of advanced equipment such as plasma sorting machines and AI sorting machines, significantly improving processing efficiency and copper purity [5] - For instance, a facility in Hubei has increased its processing capacity to 8 tons per hour, achieving 99% purity without the need for smelting [5] Price Drivers - The rise in scrap copper prices is attributed to three main factors: the ongoing effects of copper futures, the implementation of recycling policies, and increased logistics costs [6] - The main copper futures contract has surpassed 78,460 yuan/ton, narrowing the price gap between scrap and refined copper to 5,630 yuan [6] Market Dynamics - The market is experiencing significant price fluctuations, with reports of rapid price changes within hours and regional disparities in pricing [6][7] - In Guangzhou, the price of copper increased by 80 yuan per ton in a single morning, while in Shanghai, competition for imported copper has intensified, leading to price hikes [6] Product Differentiation - There is a clear differentiation in the scrap copper market, with high-purity scrap copper being highly sought after, accounting for over 60% of total transactions [7] - Conversely, low-grade scrap copper is facing decreased demand, with some manufacturers opting for alternative materials like zinc ingots [7] Regional Price Variations - Prices in East and South China have surged, with significant increases reported in Suzhou and Guangzhou, while North China has seen even sharper price hikes [7] - The logistics cost increases have also affected regional pricing, with some areas experiencing a 20 yuan/ton rise in transportation costs [6][7]

Core Viewpoint - The waste copper market experienced significant price fluctuations over a week, driven by futures market dynamics, supply chain adjustments, and policy changes [2][6]. Group 1: Price Fluctuations - On July 10, the price of bright copper dropped by 200 yuan/ton to 72,200 yuan/ton, with a nationwide average falling to 65,000 yuan/ton, marking a single-day decline of 600 yuan, the lowest of the year [2]. - The futures market saw the main copper contract (CU888) drop over 500 yuan/ton from July 9 to 10, leading to panic selling in the waste copper market [2]. - By July 16, the main copper contract stabilized at 78,020 yuan/ton, prompting a recovery in waste copper prices, with the national average rising to 70,630 yuan/ton [2]. Group 2: Regional Price Competition - As of July 17, the price of bright copper wire in Nanyang and Xi'an reached 70,690 yuan/ton, only 10 yuan lower than Shanghai, with a previous price difference of 150 yuan a month prior [4]. - The transportation time for waste copper from North China to East China decreased from 5 days to 3 days, reducing transportation costs by 30 yuan/ton [4]. - The competition reshaped price tiers, with Nanyang and Xi'an in the top tier (70,680-70,690 yuan/ton) due to strong demand from local motor manufacturing [5]. Group 3: Quality Differentiation - On July 17, the average price of bright copper wire was 70,645 yuan/ton, while crushed yellow brass was priced at 68,230 yuan/ton, showing a price difference of 2,415 yuan [5]. - High-purity waste copper, such as bright copper wire, is increasingly viewed as "hard currency" in the market due to its critical role in battery-grade copper foil production [5]. Group 4: Market Dynamics and Policy Impact - The relationship between futures and waste copper prices is defined as: waste copper price = futures copper price × 90% - processing fee ± regional premiums [6]. - The implementation of new recycling regulations in Shanghai benefits compliant companies through a VAT refund policy, saving 420 yuan per ton of waste copper [6]. - Technological advancements, such as the use of laser sorting machines, have significantly improved waste copper recovery efficiency and purity, further driving up prices for high-grade copper [6].