On March 9th, domestic market spot copper inventory was 589,800 tons, an increase of 15,800 tons compared to the 2nd.

K-LinePoet · 2026-03-12T00:47:21+00:00

As of March 9, the domestic electrolytic copper spot inventory was 589,800 tons, an increase from previous levels. The Shanghai market inventory became the main source of growth, while Guangdong's inventory slightly decreased. Despite the overall increase in inventory, the growth rate slowed down due to falling copper prices and increased downstream procurement demand.

K-LinePoet

2026-03-12 00:47:21

Abstract generation in progress

March 9th, domestic electrolytic copper spot inventory is 589,800 tons, an increase of 15,800 tons compared to the 2nd, and an increase of 5,200 tons compared to the 5th; Shanghai inventory is 367,000 tons, up 19,000 tons from the 2nd and 6,900 tons from the 5th; Guangdong inventory is 95,200 tons, down 2,200 tons from the 2nd and down 1,900 tons from the 5th; Jiangsu inventory is 119,800 tons, up 1,000 tons from the 2nd and up 600 tons from the 5th. Domestic social warehouse stocks continue to accumulate, with the rate of accumulation slowing down. Shanghai market still contributes the main increase, Jiangsu market shows limited change, and Guangdong inventory begins to show slight decline. Recently, domestic supply arrivals and stock inflows remain, but the growth has decreased compared to earlier periods. Meanwhile, copper prices have retreated, downstream companies’ procurement demand has increased, and some warehouse outflows have also risen, resulting in a slowdown in the overall inventory increase. (Mysteel)

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