China's Copper Cathode Rod Production Slows as High Prices Dampen Demand and Inventory Builds Up

Published: Jun 9, 2026 18:12

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【SMM Copper Cathode Rod Flash】In May, the operating rate of China's copper cathode rod enterprises pulled back 3.64 percentage points MoM. Copper prices remained high, suppressing downstream purchase willingness. New order intake for copper cathode rod enterprises weakened, and combined with the accumulation of finished product inventories, both production and operating rates slowed down.

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