Copper translation - Shanghai Metals Market

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[SMM analysis] Poor domestic consumption suppresses customs clearance of imported copper

Since April, domestic smelters have entered a period of centralized inspection and repair, and this year's maintenance and production reduction has had a greater impact than in previous years. In addition, imported copper has been at a loss for a long time, resulting in a reduction in import customs clearance, but domestic demand has not yet seen a significant improvement. Copper stocks in the last period have fallen for eight weeks in a row, and the contraction in domestic supply has supported the price of Shanghai copper more strongly than that of Lun copper, resulting in an improvement in the import structure and a small profit.

11:58:58PM yesterday

Production inventory import and export
Immediately after the United States exposed its fangs, Russia made three major moves to support China.

09:33:22PM yesterday

The United States Russia production capacity the economy
[SMM analysis] Poor domestic consumption suppresses customs clearance of imported copper

[SMM analysis] Poor domestic consumption suppresses customs clearance of imported copper

Since April, domestic smelters have entered a period of centralized inspection and repair, and this year's maintenance and production reduction has had a greater impact than in previous years. In addition, imported copper has been at a loss for a long time, resulting in a reduction in import customs clearance, but domestic demand has not yet seen a significant improvement. Copper stocks in the last period have fallen for eight weeks in a row, and the contraction in domestic supply has supported the price of Shanghai copper more strongly than that of Lun copper, resulting in an improvement in the import structure and a small profit.

11:58:58PM yesterday

Production inventory import and export
Immediately after the United States exposed its fangs, Russia made three major moves to support China.
The United States Russia production capacity the economy