SHANGHAI, Nov 27 (SMM) — Stocks of copper in Shanghai bonded areas started to decrease after sixteen consecutive weeks of increase.
SMM data showed that the stocks fell 2,700 mt from the prior week to 367,000 mt as of Friday November 27.
The import loss has gradually improved since last week, and the spot import profit directly boosted the import demand for customs declaration. The buyers in the foreign trade market actively sought warehouse receipts and recent arrival bills of lading. Yangshan copper premium rebounded significantly, and the market customs declaration imports increased, leading to the decline in stocks.
![El diferencial de precios entre contratos de futuros superó en su momento los 800 yuanes; las compras downstream fueron escasas y las primas al contado cayeron bruscamente [Cobre al contado del sur de China de SMM]](https://imgqn.smm.cn/usercenter/AbRbz20251217171711.jpg)
![La mayor diferencia de precios entre los contratos de futuros reduce las compras; los descuentos al contado en el norte de China se amplían [Cobre al contado del norte de China de SMM]](https://imgqn.smm.cn/usercenter/FERSF20251217171712.jpg)
