[SMM Copper Cathode Rod Flash] Raw Material, Finished Product Inventories Rise Amid Sluggish Demand and Price Pullback
[SMM Copper Cathode Rod Flash] This week, raw material and finished product inventories at copper cathode rod enterprises both accumulated. Raw material inventories rose WoW on concentrated arrivals of previously price-fixed raw materials; during the copper price pullback, although downstream users conducted price fixings, the pace of cargo pick-up did not improve, demand remained sluggish, and finished product inventories rose WoW.