China's Copper Inventory Drops 41,600 mt WoW to 123,400 mt by July 16, 2026

Published: Jul 16, 2026 11:51

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[SMM Copper Social Inventory Flash] As of July 16, 2026, SMM social inventory of copper cathode in mainstream regions across China decreased by 41,600 mt WoW from the previous Thursday (July 9), falling to 123,400 mt. By region, in Shanghai and Jiangsu, affected by persistently tight arrivals from imported and domestic sources, inventories saw significant destocking; in Guangdong, arrivals declined, end-use consumption showed mediocre performance, the supply-demand pattern was weak on both sides, and inventories edged down.

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