Copper Inventories in China Decline for Fourth Week Amid Slowing Demand

Published: Apr 7, 2026 14:51

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【SMM Copper Inventory Update】This week, copper cathode social inventory in China's major regions destocked for the fourth consecutive week. This was mainly because smelters gradually entered maintenance cycles, arrivals tightened somewhat, and coupled with stable demand, this supported continued inventory pullback. However, affected by the rebound in copper prices, downstream demand showed signs of slowing down, causing the destocking pace to moderate.

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