SHFE Copper Warrants Drop by 4,745 MT, Spot Supply Stays Tight

Published: Sep 18, 2026 15:59
According to SHFE copper futures warrant data, warrants decreased by 4,745 mt today, mainly in Shanghai, Jiangsu, and Zhejiang, down 3,920 mt, down 825 mt, and flat, respectively. Total warrants fell by 4,745 mt to 26,655 mt. Spot market supply remained tight today.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn