Brass Billet End-User Transactions Mediocre, Inventory Under Pressure

Published: Jun 18, 2026 14:00
[SMM Brass Billet Flash] According to SMM, as the Dragon Boat Festival holiday approached, some producers stockpiled modestly, and days of raw material inventories slightly rose to 3.67 days. However, supplies of secondary brass were tight, and enterprises had no strong motivation for large-scale restocking. End-user transactions remained mediocre, downstream cargo pick-up was slow, and days of finished product inventories increased to 5.41 days, intensifying the pressure to destock high inventories.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Demand concentrated on B/Ls for late July, while buying and selling sentiment recovered in the morning session [SMM Yangshan copper spot]
20 mins ago
Demand concentrated on B/Ls for late July, while buying and selling sentiment recovered in the morning session [SMM Yangshan copper spot]
Read More
Demand concentrated on B/Ls for late July, while buying and selling sentiment recovered in the morning session [SMM Yangshan copper spot]
Demand concentrated on B/Ls for late July, while buying and selling sentiment recovered in the morning session [SMM Yangshan copper spot]
20 mins ago
Copper Inventories Decline in China's Major Regions Amid Low Arrivals and Strong Demand
34 mins ago
Copper Inventories Decline in China's Major Regions Amid Low Arrivals and Strong Demand
Read More
Copper Inventories Decline in China's Major Regions Amid Low Arrivals and Strong Demand
Copper Inventories Decline in China's Major Regions Amid Low Arrivals and Strong Demand
【SMM Copper Inventory Flash】In China's major regions, copper cathode inventories continued the destocking trend MoM. In the Shanghai market, arrivals of imported and domestic copper remained low, persistently driving down inventories. In the Jiangsu region, limited supply of arrivals, coupled with accelerated downstream warehouse withdrawals, pushed inventories down in tandem. Ahead of the Dragon Boat Festival, end-user stockpiling sentiment in Guangdong was sluggish, leading to a slight inventory buildup in the region.
34 mins ago
Copper Cathode Rod Producers Maintain Output Despite Dragon Boat Festival; Operating Rate to Drop 1.95% WoW
39 mins ago
Copper Cathode Rod Producers Maintain Output Despite Dragon Boat Festival; Operating Rate to Drop 1.95% WoW
Read More
Copper Cathode Rod Producers Maintain Output Despite Dragon Boat Festival; Operating Rate to Drop 1.95% WoW
Copper Cathode Rod Producers Maintain Output Despite Dragon Boat Festival; Operating Rate to Drop 1.95% WoW
【SMM Copper Cathode Rod Flash】Although the Dragon Boat Festival is approaching, most copper cathode rod enterprises maintain normal production. SMM expects the industry operating rate to pull back 1.95 percentage points WoW next week.
39 mins ago