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SMM Weekly Survey on Brass Inventories (Oct. 24-28)

iconNov 2, 2011 10:51
SMM's survey confirmed that brass inventories at copper rod producers remained low.

SHANGHAI, Nov. 2 (SMM) –SMM's survey confirmed that brass inventories at copper rod producers remained low. Most producers indicated that they dare not replenish stocks due to the recent volatility in copper futures, opting instead on a low-inventory strategy, purchasing on an as-needed basis, to alleviate cash flow pressures.
 

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

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