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Inventories and premiums of copper cathode fell simultaneously in Guangdong
Jun 24,2021 13:40CST
Data Analysis
Source:SMM
Guangdong saw extensive rainfall, and copper cathode inventories decreased. As of June 23, the copper cathode inventories totalled 89,400 mt in Guangdong, down 14,300 mt from the peak level on May 19. The stock decrease accelerated, falling 98,000 mt in the previous 5 days.
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