Copper prices decline, cable companies see increased raw materials and decreased finished products

Regarding inventory levels of major domestic cable companies, the decline in copper prices has driven cable companies to replenish raw materials. However, under the backdrop of continued price weakness, corporate purchasing sentiment has also become cautious, resulting in a 6.68% week-on-week increase in raw material inventory; as for finished product inventory, although it has decreased due to the copper price correction, some end customers remain bearish on future prices, leading to a 4.44% week-on-week decrease in finished product inventory. (SMM)