China's Copper Inventories Decline as Supply Tightens and Demand Rises

Published: Jun 8, 2026 16:28

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[SMM Copper Inventory Update] China's overall copper cathode inventories destocked on a MoM basis. In the Shanghai market, arrivals of domestic and imported copper were low, and inventories continued to pull back. Jiangsu inventories fell in tandem. In Guangdong, spot supply remained tight, and the copper price pullback stimulated concentrated end-user buying, leading regional inventories to also decline.

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