China's Copper Inventory Declines as Imports Slow and Pre-Holiday Demand Rises

Published: Apr 30, 2026 13:40

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【SMM Copper Inventory Update】Social inventory of copper cathode in China's major regions continued the destocking trend ahead of the Labour Day holiday. Recently, arrivals of imported copper pulled back somewhat, while domestic shipments remained stable overall. On the demand side, pre-holiday rigid restocking demand provided support, driving inventory steadily lower.

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