Cautious Approach to Stockpiling as Copper Rod Enterprises Resume Post-Chinese New Year

Published: Feb 27, 2026 10:33

Save

【SMM Copper Cathode Rod Update】Regarding copper rod enterprise inventories after the Chinese New Year resumption, enterprises maintained a cautious approach to stockpiling and did not engage in concentrated restocking immediately after resumption, basically maintaining just-in-time procurement. On the finished product inventory side, due to incomplete production recovery and some pre-holiday stockpiling, the current focus is on digesting pre-holiday 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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

2026 SMM Chinese New Year Holiday Wire and Cable Enterprise Resumption Survey!

Following the Chinese New Year holiday, the domestic wire and cable industry has gradually resumed production in an orderly manner, with the overall pace of work resumption largely aligning with expectations. The specific details are as follows......

1 hour ago

Chinese New Year Holiday Resumption Status of Copper Cathode Rod Enterprises in 2026【SMM Analysis】

【SMM Analysis: Chinese New Year Holiday Production Resumption at Copper Cathode Rod Enterprises in 2026】Following the Chinese New Year holiday, the resumption of production at domestic copper cathode rod enterprises proceeded in an orderly manner, with the overall pace largely consistent with pre-holiday arrangements, with only a few individual enterprises showing deviations.......

1 hour ago

2 hours ago

Gunnison Copper Updates Arizona Project, NPV Rises 55% to $1.95B, Extends Mine Life to 21 Years

Gunnison Copper (TSX: GCU) updated its Arizona project assessment, lifting NPV (8% discount) to $1.95B, a 55% increase from the 2024 version. Mine life extended to 21 years; project is 8x the size of the operating Johnson Camp mine. Growth driven by operational enhancements. Avg annual output at 174M lbs over first 15 years.

2 hours ago