Copper Inventories in Shanghai Bonded Zone Decline This Week, SMM Reports

Published: Jul 28, 2017 18:45

Save

Copper inventories in Shanghai bonded zone decreased on a weekly basis during July 24-28, SMM understands.

SHANGHAI, Jul. 28 (SMM) - Copper inventories in Shanghai bonded zone decreased on a weekly basis during July 24-28, SMM understands.

Tongguan Copper Foil Sales Revenue and Profit Hit Record in H1

Bonded zone inventories in Shanghai were some 515,000 tonnes this past week, compared to 532,000 tonnes last week.

China 10 Nonferrous Metals Output Jumps Sharply January-June, to Maintain Growth in 2017

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

Copper inventories copper prices Shanghai bonded zone

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

23 hours ago

Gunnison Copper Updates PEA, Boosts Project Value by 50%, Extends Mine Life to 21 Years

Gunnison Copper (TSX: GCU) updated a preliminary economic assessment (PEA) for its namesake project in Arizona, increasing the value by half and advancing towards prefeasibility, permitting and financing.The update issued Wednesday raises the Gunnison project’s net present value (at an 8% discount) to $1.95 billion, assuming a copper price of $4.60 per lb., compared with the initial PEA from 2024. Mine life rises by three years to 21.

23 hours ago

Chile's Copper Output and Manufacturing Production Decline in January

Copper output in Chile, the world’s largest producer of the metal, fell 3% year-on-year in January to 413,712 metric tons, statistics agency INE said on Friday.Manufacturing production in the Andean nation was down 3.8% in the month on a yearly basis, the agency added.

23 hours ago

Canada Lags in Critical Minerals Investment, RBC Report Reveals

Canada has channelled just 11% of its mining capital into critical minerals over the past 25 years, leaving the country behind global peers as demand for strategic resources accelerates, a new RBC report shows.

23 hours ago