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Refined copper rod manufacturers’ raw-material inventory falls, while finished-goods inventory rises

2026-07-21 14:58:38

This week, inventories at domestic electrolytic copper rod manufacturers showed a differentiated pattern. Due to high premiums and a wider monthly spread, companies’ willingness to purchase raw materials was insufficient, and raw-material inventories declined month over month; with weak downstream orders and slower terminal pickup schedules, industry finished goods inventories increased month over month. (Shanghai Metals Market)

XCU3.29%

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