COMEX Copper Inventories (2017-8-24)

Published: Aug 25, 2017 11:17 (GMT+8)
The table below shows copper inventories on the COMEX on August 24.

SHANGHAI, Aug. 25 (SMM) – The table below shows copper inventories on the COMEX on August 24.

 

Inventories (tonne)

 

Aug. 24

Aug. 23

Copper

180,394

180,139

 

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

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

 

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 for 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
High Copper Prices Deter Buyers, Wire and Cable Demand Rebounds Amid Stockpiling
5 mins ago
High Copper Prices Deter Buyers, Wire and Cable Demand Rebounds Amid Stockpiling
Read More
High Copper Prices Deter Buyers, Wire and Cable Demand Rebounds Amid Stockpiling
High Copper Prices Deter Buyers, Wire and Cable Demand Rebounds Amid Stockpiling
[SMM Copper Cathode Rod Flash] High copper prices and high premiums kept downstream buyers on the sidelines, with new orders pulling back notably. Only end-users in wire and cable and enamelled wire saw operating rates rebound, driven by stockpiling. Inventories: Tight spot copper cathode supply combined with pre-holiday restocking pushed raw material inventories up MoM. Downstream cargo pick-up slowed, leading to a passive increase in finished product inventories MoM.
5 mins ago
High Copper Prices and Holidays Prompt Production Cuts, SMM Predicts 10.77% Drop in Operating Rate
7 mins ago
High Copper Prices and Holidays Prompt Production Cuts, SMM Predicts 10.77% Drop in Operating Rate
Read More
High Copper Prices and Holidays Prompt Production Cuts, SMM Predicts 10.77% Drop in Operating Rate
High Copper Prices and Holidays Prompt Production Cuts, SMM Predicts 10.77% Drop in Operating Rate
[SMM Copper Cathode Rod Flash] High copper prices and the dual pressure of the Mid-Autumn Festival and National Day holidays led enterprises to take holidays and cut production one after another. SMM expects the operating rate to pull back 10.77 percentage points WoW next week.
7 mins ago
Gunnison Copper's Johnson Camp Mine Achieves Commercial Production, Ramp-Up Continues
8 mins ago
Gunnison Copper's Johnson Camp Mine Achieves Commercial Production, Ramp-Up Continues
Read More
Gunnison Copper's Johnson Camp Mine Achieves Commercial Production, Ramp-Up Continues
Gunnison Copper's Johnson Camp Mine Achieves Commercial Production, Ramp-Up Continues
Gunnison Copper announced that its Johnson Camp Mine in Arizona achieved commercial production in September 2026, following record monthly copper cathode production in August and sustained operations above the company's required operating threshold during the first half of September.​ Johnson Camp produced 1.30 million lb, or approximately 592 mt, of copper cathode in August, marking its highest monthly production since operations restarted. The mine subsequently produced another 894,767 lb, or approximately 406 mt, of copper cathode between September 1 and September 17.​ Gunnison said the sustained operating performance in September supported its determination that Johnson Camp had reached commercial production. The operation is continuing to ramp up toward its nameplate production capacity of up to 25 million lb/year, equivalent to approximately 11,340 mt/year, of copper cathode.​ Johnson Camp produces 99.999% pure copper cathode directly from ore mined in Arizona, with copper processed into finished cathode at the site without requiring external smelting and refining. The operation is fully funded by Nuton LLC, a Rio Tinto venture.​ The achievement of commercial production follows the restart and subsequent ramp-up of Johnson Camp, while Gunnison continues to advance its larger flagship Gunnison Copper Project in Arizona.​ The achievement of commercial production at Johnson Camp marks a further step in the ramp-up of US domestic copper supply. August production reached a record level since the restart, while sustained output through the first half of September supported the company's declaration of commercial production. Attention will now turn to the pace of the remaining ramp-up toward the mine's nameplate copper cathode capacity of approximately 11,340 mt/year.
8 mins ago