Copper Cathode Rod Inventories Edge Up, Finished Product Stocks Surge Amid High Prices

Published: Jun 5, 2026 14:50

Save

【SMM Copper Flash】 This week, raw material inventories of copper cathode rod plants edged up 0.72% WoW. Amid high copper prices, these plants mostly purchased on demand and restocked cautiously. With operation recovery and a slowdown in cargo pick-up by end-users, finished product inventories saw a notable buildup, increasing by 6.37 percentage points WoW.

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 to learn 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

19 mins ago

Data: SHFE, DCE market movement (Jun 05)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 05 Jun , 2026

19 mins ago

28 mins ago

The operating rate of copper anode enterprises in China is expected to rise by 0.18 percentage points MoM in June 2026

[SMM Copper Anode Express] SMM expects that in June 2026, the overall operating rate of China copper anode enterprises will rise 0.18 percentage points MoM to 47.55%, with the operating rate of ore-derived copper anode enterprises expected to fall 3.53 percentage points MoM to 72.00%, and that of scrap-derived copper anode enterprises expected to rise 1.70 percentage points MoM to 37.56%. (Referring solely to the non-captive copper anode portion.)

28 mins ago

30 mins ago

May SMM China Copper Anode Enterprise Operating Rate Down 0.81 ppts MoM

[SMM Copper Anode Alert] In May 2026, the operating rate of China’s copper anode producers (SMM survey) was 47.37%, down 0.81 percentage points MoM. By raw material, the operating rate of ore-derived copper anode producers rose 0.57 percentage points MoM to 75.53%; that of scrap-derived copper anode producers fell 1.38 percentage points MoM to 35.86%. (Referring only to the non-captive copper anode portion.)

30 mins ago