Copper Price Fluctuations Prompt Cautious Raw Material Procurement, Slight Destocking Trend

Published: Jan 30, 2026 15:35

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Copper prices experienced significant fluctuations this week, leading copper wire and cable enterprises to adopt a more cautious approach to raw material procurement. They strictly controlled the scale of raw material stockpiling, focusing primarily on just-in-time procurement. Only a few enterprises, driven by fears of rising prices, procured raw materials in advance for stockpiling. As a result, the raw material inventory ratio increased by 1.55% WoW to 13,115 mt. Finished product inventories remained relatively stable, as enterprises mostly followed orders for orderly production scheduling, maintaining a balance between inbound and outbound flows. Overall, a slight destocking trend was observed, with a decrease of 0.74 percentage points WoW to 18,090 mt.

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