Copper cathode inventories in Guangdong speeded up decline on week 

SHANGHAI, Apr 3 (SMM) – Social inventories of copper cathode in south China’s Guangdong province continued to trend downsides, falling for the fourth consecutive week as of Friday April 3. 

SMM data showed that social inventories of copper cathode at major warehouses in Guangdong stood at 82,700 mt as of April 3, down 10,300 mt from Friday March 27. 

The stocks decreased 8,800 mt in the week ended March 27, accelerating from a weekly decline of 8,600 mt in the previous week.