Ratio of Raw Material Inventory to Total Production at Copper Rod Producers Using Copper Cathode as Raw Material was 7.09% in March

SHANGHAI, Apr 21 (SMM) – The raw material inventory/output ratio of copper cathode rod enterprises stood at 7.09% in March, down 0.46 percentage point MoM.

The decline is mainly driven by high copper rod output in March.

The producers restocked as needed, and raw material inventories stood at normal levels.