SHANGHAI, Nov 20 (SMM) — Stocks of copper in Shanghai bonded areas increased for the sixteenth consecutive week.
SMM data showed that the stocks expanded 2,800 mt from the prior week to 369,700 mt as of Friday November 20.
When the import loss is closed for a long time, domestic buyers are unwilling to import, leading to limited arrivals of imported copper. It is expected that the inflow of imported copper from bonded warehouses will increase next week due to the improvement of import loss and high domestic premium this week.

![Selisih harga antara kontrak berjangka pernah melampaui 800 yuan; pembelian di hilir sepi, dan premi spot turun tajam [Tembaga spot SMM Tiongkok Selatan]](https://imgqn.smm.cn/usercenter/AbRbz20251217171711.jpg)
![Perbedaan harga yang lebih lebar antara kontrak berjangka menekan pembelian; diskon spot di Tiongkok Utara melebar [SMM tembaga spot Tiongkok Utara]](https://imgqn.smm.cn/usercenter/FERSF20251217171712.jpg)

