Markets News

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

Solar Lithium Cobalt Ternary Precursor and Material Anode Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Consulting

Home / Metal News / Shanghai-bonded copper stocks extend declines

Shanghai-bonded copper stocks extend declines

May 17, 2019 15:31

Source:SMM

Stocks fell 3,000 mt from a week ago to stand at 582,000 mt as of May 17

SHANGHAI, May 17 (SMM) – Copper stocks across Shanghai bonded areas fell 3,000 mt from a week ago to stand at 582,000 mt as of Friday May 17, SMM data showed.

Bonded copper stocks extended their declines as cargoes entered the domestic market in an open arbitrage window.

With low Yangshan premiums pointing to weak demand, imported copper that entered the domestic market was limited.

Inventory data

Copper

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin expanded 13,600 mt from last Friday July 23 to 172,600 mt as of July 30. This was up 6,500 mt from Monday July 26 and registered a new high since October 2014.

Jul 30, 2021 16:02

Analysis

Lead Ingot Social Inventories Expanded 13,600 mt on Week

China Steel Rebar Inventory Down 22,700 mt on Week

Inventories of rebar across Chinese steelmakers and social warehouses stood at 11.35 million mt as of July 29, down 22,700 mt or 0.20% from a week ago. Stocks are up 1.82% from a year earlier.

Jul 30, 2021 11:05

Analysis

China Steel Rebar Inventory Down 22,700 mt on Week

Lead Ingot Social Inventories Expanded 7,100 mt over Weekend

Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin expanded 7,100 mt from last Friday July 23 to 166,100 mt as of July 26. This was up 7,000 mt from Monday July 19 and registered a new high since October 2014.

Jul 26, 2021 14:46

Analysis

Lead Ingot Social Inventories Expanded 7,100 mt over Weekend

China weekly inventory summary and data wrap (Jul 23)

This is a roundup of China's metals weekly inventory as of July 23.

Jul 23, 2021 20:00

Analysis

China weekly inventory summary and data wrap (Jul 23)

SMM Morning Comments (Jul 23): Shanghai base metals were mostly higher on dovish ECB comments

Shanghai base metals mostly cruised higher on Friday morning amid dovish comments from European Central Bank. Meanwhile, their counterparts on the LME traded mixed.

Jul 23, 2021 10:00

SMM Comments

SMM Morning Comments (Jul 23): Shanghai base metals were mostly higher on dovish ECB comments

Aluminium billet inventories fell 1,200 mt on week

SMM data showed that aluminium billet stocks across the five major consumption areas — Foshan, Wuxi, Huzhou, Changzhou and Nanchang — in China decreased 0.9% or 1,200 mt from a week ago to 119,600 mt as of Thursday July 22.

Jul 22, 2021 16:41

Analysis

Aluminium billet inventories fell 1,200 mt on week

SMM Evening Comments (Jul 19): Shanghai nonferrous metals ended mixed as investors monitored virus and digested OPEC deal

SHFE nonferrous metals closed mixed on Monday July 19 as markets digested the latest OPEC + announcement regarding oil production, and continued to brood on inflation and rising Covid-19 cases.

Jul 19, 2021 18:00

SMM Comments

SMM Evening Comments (Jul 19): Shanghai nonferrous metals ended mixed as investors monitored virus and digested OPEC deal

NDRC: To further release copper, aluminium, and zinc reserves, strictly penalise price bidding

NDRC will continue to follow the deployment of the executive meeting of the State Council, work with relevant departments to strengthen the monitoring and forecast of commodity prices, organise subsequent release of copper, aluminium, zinc and other national reserves, and pay close attention to abnormal market price fluctuations.

Jul 19, 2021 16:36

Industry

NDRC: To further release copper, aluminium, and zinc reserves, strictly penalise price bidding

SMM Evening Comments (Jul 16): Shanghai nonferrous metals rose across the board amid wider power curtailment

SHFE nonferrous metals all went up today as China’s power curtailment expanded to many regions, and US expectation of interest rate hikes intensified.

Jul 16, 2021 18:37

SMM Comments

SMM Evening Comments (Jul 16): Shanghai nonferrous metals rose across the board amid wider power curtailment

Shanghai bonded copper stocks fell 4,300 mt on week

SMM data showed that the stocks fell 4,300 mt from the prior week to 435,500 mt as of Friday July 16.

Jul 16, 2021 13:24

Analysis

Shanghai bonded copper stocks fell 4,300 mt on week

SMM Events & Webinars

All

Oct
09
- NET ZERO EUROPE - Solar & Energy Storage Summit
  Oct 09 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Oct
08
- 2nd Li-ion Battery Europe 2024
  Oct 08 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Jun
24
- 2024 Global Renewable Metal Industry Chain Summit
  Jun 24 - 25,2024
  To foster international cooperation and dialogue among industry colleagues
  Kuala Lumpur , Malaysia

Shanghai-bonded copper stocks extend declines

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit