[SMM data] stocks in mainstream copper markets in SMM fell month-on-month this week, down 43500 tons for the sixth consecutive week.

SMM4, March 30: as of Thursday, SMM national mainstream copper market inventory totaled 308900 tons, down 43500 tons from the previous month. Of this total, copper stocks in Shanghai fell 26000 tons to 237000 tons, copper stocks in Jiangsu fell 4300 tons to 33000 tons, and copper stocks in Guangdong fell 13200 tons to 38900 tons.

Compared with the pre-Spring Festival (January 23), SMM national mainstream copper market inventory increased by 93900 tons. Among them, the copper inventory in Shanghai increased by 86000 tons, that in Jiangsu increased by 13000 tons, and that in Guangdong decreased by 5100 tons.

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