SHANGHAI, Jul. 7 (SMM) - Copper inventories in Shanghai bonded zone decreased on a weekly basis during July 3-7, SMM understands.
SMM Analysis: LME Copper Inventory Surges on “Old Tricks”?
Bonded zone inventories in Shanghai were some 535,000 tonnes this past week, compared to 545,000 tonnes last week.
Copper Concentrate TCs Fall in China as Supplies Tighten, SMM Reports
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![Price spread between futures contracts once exceeded 800 yuan; downstream purchases were quiet, and spot premiums fell sharply [SMM South China spot copper]](https://imgqn.smm.cn/usercenter/AbRbz20251217171711.jpg)
![Wider price spread between futures contracts drags down purchases; spot discounts in North China expand [SMM North China spot copper]](https://imgqn.smm.cn/usercenter/FERSF20251217171712.jpg)

