SHANGHAI, Mar 27 (SMM) – Stocks of copper across Shanghai bonded area fell this week, as arrivals dwindled due to COVID-19 outbreak globally and as purchases of hydro-copper under warehouse warrants increased after copper prices stabilised and domestic demand recovered.
SMM data showed that Shanghai bonded copper stocks decreased 1,000 mt in the week ended March 27 to 339,000 mt, after a gain of 7,000 mt in the previous week.
Trades remained muted this week, as import losses further widened.

![SHFE/LME 가격 비율 약세, 현물 프리미엄 하락 [SMM 양산 현물 구리]](https://imgqn.smm.cn/usercenter/AbRbz20251217171711.jpg)
![높은 구리 가격과 약한 수급이 겹치며 SHFE 구리 현물 프리미엄이 압박 속에 하락 [SMM SHFE 구리 현물]](https://imgqn.smm.cn/usercenter/HeIuV20251217171708.jpg)
![공급 부족으로 공급업체 호가가 견조했지만, 다운스트림 수요는 약세였다 [SMM 화남 지역 현물 구리]](https://imgqn.smm.cn/usercenter/SiNDH20251217171711.jpg)
