After the collapse of oil prices, big bounce stabilized the market, and copper prices rebounded after falling sharply for two consecutive days. However, the overall epidemic situation and subsequent worries about the economy and the direction of crude oil still suppressed the overall financial market, and the market continued to operate cautiously and repeatedly. On the spot copper side, Guangdong's recycled copper was extremely reluctant to sell at a low price after a sharp drop in prices. Imports continued to be affected by the epidemic, with a slight increase in the premium of electricity copper. It is expected that the recent trend of copper prices will still fluctuate due to environmental impact, not far from the US$ 5,000 mark.