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Fubao scrap copper price index: 89,500 yuan/ton, down 500 yuan/ton from yesterday
Fubao Data: As of February 5, 2026, the Fubao scrap copper price index is 89,500 yuan/ton, down 500 yuan/ton from yesterday; the Fubao spot copper (No. 1) price is 101,105 yuan/ton, down 3,775 yuan/ton from yesterday. The direct refined scrap price difference is 11,605 yuan/ton, down 3,275 yuan/ton from yesterday. Compared to the five-day moving average (12,750), it has decreased by 1,145 yuan/ton, and compared to the three-month average (10,620), it has increased by 985 yuan/ton.