Chinese copper exports are on pace to set a record in 2025, with October shipments set to exceed 100 000 metric tons for only the third time ever, as rising domestic supply and higher foreign prices spur outflows. China is the world's largest copper consumer and a net importer of the red metal used in power lines, construction and manufacturing. But its smelters are producing more refined copper than ever and exports, with their higher margins, are increasingly attractive to offset losses from record-low processing fees. Last month, China likely shipped out at least 100 000 tons of refined copper, according to ... (full story)