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

Published: Feb 27, 2026 10:33

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【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.

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