SMM4, March 24: as of Friday, SMM national mainstream copper market inventory totaled 352500 tons, down 47900 tons from the previous month. Of this total, copper stocks in Shanghai fell 33000 tons to 263000 tons, copper stocks in Jiangsu fell 3000 tons to 37300 tons, and copper stocks in Guangdong fell 11900 tons to 52200 tons.
Compared with the pre-Spring Festival (January 23), SMM national mainstream copper market inventory increased by 137500 tons. Among them, copper inventory in Shanghai increased by 112000 tons, copper inventory in Jiangsu increased by 17300 tons, and copper inventory in Guangdong increased by 8200 tons.
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