SHFE Base Metals Inventories in Week Ending Sept. 29

Published: Sep 29, 2017 16:09

Save

The table below shows inventories of base metals on the SHFE in the week ending September 29.

SHANGHAI, Sept. 29 (SMM) – The table below shows inventories of base metals on the SHFE in the week ending September 29.

LME Base Metals Inventories (2017-9-29)

	Inventories (tonne)
	Sept. 25-29	Week-on-Week Change
Copper	21,680	-1,649
Aluminum	508,054	+3,143
Zinc	17,367	-771
Lead	5,084	+503
Nickel	40,243	-364
Tin	8,239	+8

SHFE Base Metals Warrants (2017-9-29)

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.

base metals copper aluminum zinc nickel tin lead

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

19 mins ago

Shanghai Copper Spot Weakness Continues Amid Supply Inflows and Cautious Demand Ahead of Qingming Festival

Shanghai copper spot to remain weak tomorrow. On the supply side, the import window is open, raising expectations of further inflows. Some imported cargoes are circulating, keeping spot discounts under pressure. Meanwhile, some smelters are accelerating shipments to reduce inventories before the holiday, adding to supply pressure. On the demand side, downstream buyers remain cautious, mostly purchasing on rigid needs with limited appetite for higher prices. Some pre-holiday restocking ahead of the Qingming festival may offer modest support, but it is unlikely to reverse the overall weak supply-demand balance. In summary, spot quotes against the 2604 contract are expected to hold at current levels.

19 mins ago

21 mins ago

Inventory and Copper Prices Both Fell, Suppliers Actively Held Prices Firm [SMM South China Spot Copper]

21 mins ago

24 mins ago

Consumption Demand in the North China Copper Cathode Market Slowed

[SMM North China Copper Cathode Spot Market] During the week, copper prices fluctuated and downstream buyers maintained a wait-and-see sentiment. Consumption demand in the North China copper cathode market slowed compared with mid-to-late March, and spot premiums came under pressure, falling back below spot premium levels in east China.

24 mins ago