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Home / Metal News / Shanghai-bonded copper stocks grow further to 397,000 mt

Shanghai-bonded copper stocks grow further to 397,000 mt

Nov 9, 2018 17:44

Source:SMM

Despite the slight gain, the stocks stayed at relatively low levels

SHANGHAI, Nov 9 (SMM) – Copper stocks across Shanghai bonded areas inched up 3,000 mt from a week earlier to 397,000 mt as of Friday November 9, SMM data showed.

Despite the slight gain, the stocks stayed at relatively low levels.

Inventory data

Copper

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

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Shanghai base metals traded mixed after opening on Thursday morning, as Fed failed to set a timeline for tapering asset purchase, and COVID-19 pandemic made a comeback. Meanwhile, their counterparts on LME mostly went up.

Jul 29, 2021 09:55

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SMM Morning Comments (Jul 29): Shanghai Base Metals Trending Mixed after Obscure Fed Meeting Results

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SHFE copper prices rallied from lows last week. Prices edged up from 67,500 yuan/mt and tested the 70,000 yuan/mt mark on Friday. European and US stock markets plunged sharply on Tuesday evening amid market concerns over the Delta strain, while SHFE copper prices opened lower.

Jul 27, 2021 11:15

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SHFE Copper Prices to Meet Resistance from 70,000 yuan/mt

SMM Morning Comments (Jul 13): Shanghai base metals were mostly lower as investors awaited China's trade data for June

Shanghai base metals were mostly lower on Tuesday morning as investors awaited the release of China's trade data for June. Meanwhile, their counterparts on the LME also fell for the most part.

Jul 13, 2021 10:00

SMM Comments

SMM Morning Comments (Jul 13): Shanghai base metals were mostly lower as investors awaited China's trade data for June

Shanghai bonded copper stocks rose 4,200 mt on week

SMM data showed that the stocks rose 4,200 mt from the prior week to 439,800 mt as of Friday July 9.

Jul 9, 2021 17:53

Analysis

Shanghai bonded copper stocks rose 4,200 mt on week

China weekly inventory summary and data wrap (Jul 9)

This is a roundup of China's metals weekly inventory as of July 9.

Jul 9, 2021 20:00

Analysis

China weekly inventory summary and data wrap (Jul 9)

SMM Evening Comments (Sep 12)

SHFE nonferrous metals, except for lead, closed higher on US-China trade thaw

Sep 12, 2019 18:39

SMM Comments

Copper scrap imports in Jul hit 2018 high

China’s copper scrap imports in Jul hit the highest monthly level so far this year

Aug 20, 2018 16:11

SMM Insight Analysis

Copper scrap imports in Jul hit 2018 high

SMM Morning Comments (Aug 20)

SMM Morning Comments

Aug 20, 2018 09:34

SMM Comments

Copper stocks in Shanghai bonded areas decrease

Stocks shrank 9,200 mt from a week ago to 480,300 mt as of Friday Aug 17

Aug 17, 2018 16:11

Analysis

Copper stocks in Shanghai bonded areas decrease

Primary lead social inventories across Shanghai, Guangdong down on the week

Inventories fell as downstream consumers restocked on lower lead prices and as demand for secondary lead moved to primary lead

Aug 17, 2018 16:06

Analysis

Primary lead social inventories across Shanghai, Guangdong down on the week

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Shanghai-bonded copper stocks grow further to 397,000 mt

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NET ZERO CHINA Field Trip

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