SHANGHAI, Apr 10 (SMM) – Stocks of copper across Shanghai bonded area continued to shrink this week, as demand surged in an open import arbitrage window.
SMM data showed that the stocks decreased 6,500 mt in the week ended April 10 to 327,300 mt, marking the third straight week of decline and larger than a 5,200 mt fall in the previous week.
Yangshan copper premiums rose nearly $10/mt this week, bolstered by strong demand for imported copper under warehouse warrants and bills of lading.

![Se debilita la relación de precios SHFE/LME y caen las primas al contado [Cobre al contado de Yangshan de SMM]](https://imgqn.smm.cn/usercenter/AbRbz20251217171711.jpg)
![Los altos precios del cobre, combinados con una oferta y demanda débiles, mantienen las primas del cobre al contado en la SHFE cayendo bajo presión [SMM SHFE Cobre al contado]](https://imgqn.smm.cn/usercenter/HeIuV20251217171708.jpg)
![La oferta limitada disponible mantuvo firmes las cotizaciones de los proveedores, pero la demanda intermedia fue débil [Cobre al contado del sur de China de SMM]](https://imgqn.smm.cn/usercenter/SiNDH20251217171711.jpg)
