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Raw Material Inventories at Copper Plate, Sheet, Strip and Foil Producers Up 10.22% in February
Mar 19,2013 16:31CST
smm insight
Source:SMM
Raw material inventories during February at the surveyed producers were 42.75% of production, up 10.22% MoM.

SHANGHAI, Mar. 19 (SMM) - Raw material inventories during February at the surveyed producers were 42.75% of production, up 10.22% MoM. The significant MoM increase in stocks was due largely to lower consumption. In addition, post-holiday copper prices were down noticeably, enticing some producers to purchase additional raw materials at low prices.
 

raw material inventories
SMM survey

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