Copper Cathode Rod Inventories Diverge, Operating Rates Expected to Decline Further

Published: Apr 30, 2026 15:33

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【SMM Copper Cathode Rod News】Copper cathode rod raw material and finished product inventories diverged in trends. Enterprises restocked raw materials only for immediate needs, pushing up raw material inventories, while downstream cargo pick-up slowed down, leading to some accumulation of finished product inventories. Combined with the longer Labour Day holiday and more enterprises actively cutting production, the operating rate of copper cathode rod is expected to decline further significantly next week.

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