Copper Prices Drop, Boosting Cargo Pickup and Reducing Inventories

Published: May 29, 2026 15:22
【SMM Copper Cathode Rod News Flash】Enterprises purchased raw materials as needed, and raw material inventories edged down 0.36 percentage points WoW; lower copper prices boosted cargo pick-up enthusiasm, with finished product inventories down 3.26 percentage points WoW, showing a clear destocking trend.

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【SMM Copper Cathode Rod News Flash】Enterprises purchased raw materials - Shanghai Metals Market (SMM)