Copper Inventories in China See Mixed Trends Amid Price Pullback

Published: Jun 26, 2026 15:45

Save

【SMM Copper Inventory Alert】Copper cathode inventories in mainstream regions across China accumulated slightly MoM. In the Shanghai market, the pullback in copper prices boosted downstream purchasing, causing inventories to shift from an increase to a decrease; in Jiangsu, the pullback in copper prices drove a recovery in end-use demand, and inventories declined in tandem; in Guangdong, mid-year downstream consumption slowed down, and smelters increased shipments into warehouses, resulting in a continued inventory buildup in the region.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

2 hours ago

Bensteel Machinery Company (Hengtai) Double Groove Hook Copper Wire Procurement Tender Announcement

2 hours ago

4 hours ago

Shandong Humon Smelting Co., Ltd. Makes a Brilliant Appearance at SMM CCAE 2026 (the 15th) Copper Industry Annual Conference

4 hours ago

Top 5 Copper Wire Rod Export Destinations in May: Thailand, Saudi Arabia, Malaysia, Vietnam, and Indonesia

[SMM Copper Cathode Rod Flash] In May, the top five export destinations for copper wire rod were Thailand, Saudi Arabia, Malaysia, Vietnam, and Indonesia, together accounting for over 70%. Thailand benefited from robust infrastructure and PV demand, along with enterprise restocking, with shipments remaining strong; India’s exports pulled back significantly, and its ranking fell to eighth.

4 hours ago