Global inventory performance differentiation Copper prices await demand guidance

Since mid-March, in the context of the second repair of demand, the global copper inventory has continued to decline


Since mid-March, in the context of the second repair of demand, the global copper inventory has continued to decline, providing a strong bottom support for the continuous rise in copper prices. As of August 25, the world's three major futures exchanges (LME SHFE COMEX) copper stocks totaled 239208 tons, more than 50% from the high of 507144 tons in mid-March. Since July...