Raw Material Inventory/Output Ratio of Copper Pipe Enterprises At 5.05% In March

Publicado: Apr 21, 2023 11:09

Fuente: SMM

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The raw material inventory/output ratio of copper pipe enterprises was 5.05% in March, down 0.99 percentage point from the previous month.

SHANGHAI, Apr 21 (SMM) – The raw material inventory/output ratio of copper pipe enterprises was 5.05% in March, down 0.99 percentage point from the previous month.

Order growth in March exceeded expectations, accelerating destocking of raw material inventory. Although copper prices plummeted in mid-March, copper pipe factories did not overstock raw materials.

This, combined with higher output, caused the ratio of raw material inventory to total production to slide further.

Inventory

Declaración de Fuente de Datos: Excepto la información disponible públicamente, todos los demás datos son procesados por SMM basándose en información pública, comunicación de mercado y confiando en el modelo de base de datos interna de SMM. Son solo para referencia y no constituyen recomendaciones para la toma de decisiones.

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