SMM5, March 8: as of Friday, SMM's national mainstream copper market inventory totaled 282600 tons, down 2.29 tons from May 6. Among them, copper stocks in Shanghai fell by 15800 tons to 218500 tons; copper stocks in Jiangsu decreased by 500 tons to 30500 tons from the previous month; and copper inventories in Guangdong decreased by 6600 tons to 33600 tons from the previous month.
Compared with the pre-Spring Festival (January 23rd), SMM national mainstream copper market inventory increased by 67600 tons compared with the previous month. Among them, the copper inventory in Shanghai increased by 67500 tons, that in Jiangsu increased by 10500 tons, and that in Guangdong decreased by 10400 tons.
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