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Home / Metal News / Exports extend gains in Shanghai-bonded copper stocks

Exports extend gains in Shanghai-bonded copper stocks

Nov 30, 2018 17:06

Source:SMM

Copper stocks across Shanghai bonded areas increased by 3,200 mt from a week ago to stand at 408,600 mt as of Friday Nov 30

SHANGHAI, Nov 30 (SMM) – Copper stocks across Shanghai bonded areas increased by 3,200 mt from a week earlier to stand at 408,600 mt as of Friday November 30, SMM data showed.

Domestic smelters stepped up export shipments and this accounted for the gains.

Inventory data

Copper

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SHFE nonferrous metals fell across the board on Thursday September 10, extending decreases from the prior day.

Sep 10, 2020 18:05

SMM Comments

SMM Evening Comments (Sep 10): Shanghai nonferrous metals fell across the board for the 2nd day

SMM Morning Comments (Sep 3): Shanghai base metals were mostly lower as dollar extended gains

Shanghai base metals traded lower for the most part on Thursday morning as the dollar held onto overnight gains, while their counterparts on the LME rose for the most part as investors await US jobless claims data set to release today.

Sep 3, 2020 10:08

SMM Comments

SMM Morning Comments (Sep 3): Shanghai base metals were mostly lower as dollar extended gains

SMM Evening Comments (Sep 1): Shanghai nonferrous metals closed mostly higher, aluminium fell 0.27%

SHFE nonferrous metals rose for the most part on Tuesday September 1 as manufacturing demand and supply continued to recover, and overseas demand started to pick up.

Sep 1, 2020 18:04

SMM Comments

SMM Evening Comments (Sep 1): Shanghai nonferrous metals closed mostly higher, aluminium fell 0.27%

SMM Evening Comments (Aug 31): Shanghai nonferrous metals ended mixed as China factory data boosted recovery hopes

SHFE nonferrous metals closed mixed on Monday August 31.

Aug 31, 2020 17:49

SMM Comments

SMM Evening Comments (Aug 31): Shanghai nonferrous metals ended mixed as China factory data boosted recovery hopes

SMM Morning Comments (Aug 31): Shanghai base metals were mostly higher as China’s manufacturing activity expanded in August

Shanghai base metals broadly rose on Monday morning as China’s manufacturing activity expanded in August.

Aug 31, 2020 10:18

SMM Comments

SMM Morning Comments (Aug 31): Shanghai base metals were mostly higher as China’s manufacturing activity expanded in August

SMM Evening Comments (Aug 4): Shanghai nonferrous metals were mostly higher, nickel surged more than 1%

SHFE nonferrous metals rose for the most part on Tuesday August 4, following upbeat economic data from the US and Europe.

Aug 4, 2020 18:48

SMM Comments

SMM Evening Comments (Aug 4): Shanghai nonferrous metals were mostly higher, nickel surged more than 1%

SMM Evening Comments (Jul 31) : Shanghai base metals mostly declined

SHFE nonferrous metals fell for the most part on Friday July 31, but zinc ended 1.8% higher following after a broad rally in the early morning as official purchasing managers' index (PMI) data showed that China’s economy continued its strong recovery in July.

Jul 31, 2020 19:12

SMM Comments

SMM Evening Comments (Jul 31) : Shanghai base metals mostly declined

SMM Evening Comments (Jul 30): Shanghai base metals ended mostly higher, lead rose for fifth straight day

SHFE nonferrous metals, except for copper and tin, rose on Thursday July 30, following after they opened higher today. Investors digested the latest monetary policy decision from the US Federal Reserve and continued to follow a spike in COVID-19 cases.

Jul 30, 2020 18:37

SMM Comments

SMM Evening Comments (Jul 30): Shanghai base metals ended mostly higher, lead rose for fifth straight day

China copper inventory grew for four straight weeks

Copper inventories in three major consumption areas in China extended their increases last week, albeit at a slower pace.

Jul 27, 2020 11:23

Analysis

China copper inventory grew for four straight weeks

Zinc social inventories fell below 200,000 mt

Zinc inventories in China continued to fall this week, primarily propelled by a sharp decline in Shanghai where inflows were affected by heavy rain and floods while outflows were supported by dip-purchases by downstream consumers.

Jul 24, 2020 16:04

Analysis

Zinc social inventories fell below 200,000 mt

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Exports extend gains in Shanghai-bonded copper stocks

SMM Events & Webinars

APAC TIN INDUSTRY CONFERENCE 2024

APAC (9th) Stainless Steel Industry Conference 2024

2024 SMM Middle East Secondary Metal Filed Trip