Copper Price Drop Boosts Restocking, Inventory Drawdown Amid Cautious High-Price Orders

Published: Mar 20, 2026 15:08

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【SMM Copper Cathode Rod Flash Update】The pullback in copper prices boosted copper cathode rod enterprises' willingness to restock, with enterprises stockpiling as needed, while continued cargo pick-up from downstream drove a rapid drawdown in finished product inventories. Enterprises are expected to maintain high operating rates next week to ensure deliveries, while remaining cautious about picking up goods for high-priced orders and strictly controlling order intake to avoid risks.

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