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SMM: Copper Cathode Inventory in Guangdong Kept Falling, and When Will it Come to an End?
Sep 9,2021 16:18CST
Data Analysis
Source:SMM
Copper cathode inventory in Guangdong has been falling for 10 consecutive sessions to as low as 21,400 mt according to SMM, a significant drop of 82,400 mt or 79.4% from YTD high of 103,800 mt. The level is close to the 4-year low of the same period.
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