Over the Weekend, Copper Inventories in Major Regions Across China Fell by 8,000 mt [SMM Weekly Data]

[SMM Weekly Data on Copper Inventories in Major Regions] As of Monday, March 10, SMM copper inventories in major regions across China decreased by 8,000 mt compared to last Thursday, reaching 360,000 mt. Total inventories increased by 194,200 mt compared to the pre-holiday level of 165,800 mt, with Shanghai up by 130,500 mt, Guangdong up by 34,100 mt, and Jiangsu up by 32,900 mt. Additionally, it is noteworthy that current domestic copper inventories are already lower than the same period last year, indicating that the inventory turning point has emerged.