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Copper Inventories Rise, Finished Product Stocks Fall at Chinese Wire and Cable Firms

Published: Mar 6, 2026 15:01
Source: SMM
[SMM Copper Flash] This week, raw material inventory at major domestic wire and cable enterprises rose 7.01% MoM, mainly because enterprises replenished after copper prices pulled back during the week, coupled with stockpiling for subsequent operations, which lifted raw material inventory. Finished product inventories fell 5.7% MoM, mainly because power grid orders gradually entered the concentrated delivery stage, accelerating destocking of finished product inventories.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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