Copper Inventory Sees Sharp Decline as Prices Drop and Demand Recovers

Published: Mar 23, 2026 15:24

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【SMM Copper Inventory Flash】 Over the weekend, social inventory of copper cathode in SMM’s major regions saw a sharp destocking, showing a pronounced destocking trend; driven by the significant pullback in copper prices, downstream consumption continued to recover, and market purchasing enthusiasm increased markedly.

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