In late November, Copper Plate prices in Asia fell due to continued weak demand from downstream industries. The strength of the US dollar significantly impacted Japan's Copper Plate market, while China grappled with the effects of lackluster economic stimulus measures. Despite global copper mining indicating surplus production, demand has remained steady. Meanwhile, Ivanhoe Mines reported a record output at their Kamoa-Kakula Copper Complex in the DRC, with the combined efforts of Phase 1, 2, and 3 processing units yielding 45,019 tonnes of copper concentrate in November.

In Japan, the Copper Plate market has experienced a slight decrease in prices, with a 0.5% reduction noted. Factors influencing this downturn include the fortifying U.S. dollar and the possibility of new U.S. tariffs. These elements have posed difficulties for the market's stability. The strong U.S. dollar holds significant domination over the international metals market, which could result in a diminished interest from global purchasers. Additionally, the impending import tariffs suggested by President-elect Donald Trump are stirring unease among those involved in the market. There is a concern that these tariffs may hinder worldwide economic progress and disrupt the equilibrium of demand and supply for Copper Plates, leading to potential fluctuations in pricing.

In the final week of November, Copper Plate prices in China saw a marginal drop of 0.3%. Concerns over global growth and doubts about China's economic recovery adversely affected Copper Plate markets. The data indicated that production surpassed the level of consumption. A leading importer in China suggested that more economic incentives are needed to maintain strong demand. Copper Plate prices struggled under the Trump administration's economic policies and the financial uncertainties in China, which dampened investor confidence. Although there was a slight uptick in home sales, it did little to mitigate the wider downturn in construction activities observed in November.

Heading into the final months of 2024 and the beginning of 2025, the East Asian market is poised for an increase in Copper Plate prices. China's electronics and computer manufacturing sector is expected to experience a significant boost, with projections indicating a robust growth exceeding 11% in 2024, and continuing with an additional rise of approximately 5% in the subsequent year. This industrial growth is driven by the escalating global demand for computing devices, office necessities, and cutting-edge telecommunication apparatus. Such a surge is anticipated to cast a favorable influence on the Copper Plate industry. ChemAnalyst forecasts a rise in the Copper Plate prices, driven by anticipated demand surges in various industries.