[SMM Commentary: SHFE Copper Declined This Week, Inventory Buildup Trend May Slow, Copper Market Awaits Clearer Direction] The uncertainty in the global trade outlook disrupted copper prices, with post-holiday copper inventory buildup exceeding the average level of the same period in previous years, putting pressure on copper prices. Additionally, copper price fluctuations have made enterprises, already in the off-season of demand, even more cautious in procurement. Although tight supply on the mining side provided strong support for copper prices, SHFE copper still declined this week. As of 16:37 on February 21, LME copper fell by 0.99% to $9,469/mt, with a slight weekly decline of 0.08%; SHFE copper dropped by 0.47%, with a weekly decline of 1.02%.