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Home / Metal News / Shanghai-bonded copper stocks gain 3,000 mt on week

Shanghai-bonded copper stocks gain 3,000 mt on week

Jan 11, 2019 16:23

Source:SMM

Stocks stood at 432,800 mt as of Friday Jan 11

SHANGHAI, Jan 11 (SMM) – Copper stocks across Shanghai bonded areas stood at 432,800 mt as of Friday January 11, up 3,000 mt from last Friday, SMM data showed.

This marked the eighth consecutive week of increase. The import arbitrage window closed after it opened briefly this week, and this moved some imports into bonded warehouses.

Inventory data

Copper

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SHFE nonferrous metals all went up today as China’s power curtailment expanded to many regions, and US expectation of interest rate hikes intensified.

Jul 16, 2021 18:37

SMM Comments

SMM Evening Comments (Jul 16): Shanghai nonferrous metals rose across the board amid wider power curtailment

SMM Morning Comments (Jul 12): Shanghai base metals rose across the board as investors watched regional Covid situation

Shanghai base metals advanced across the board on Monday morning as investors continued to monitor the Covid situation regionally. Meanwhile, their counterparts on the LME also rose for the most part.

Jul 12, 2021 10:00

SMM Comments

SMM Morning Comments (Jul 12): Shanghai base metals rose across the board as investors watched regional Covid situation

SMM Evening Comments (Jul 9): Shanghai nonferrous metals closed mixed, lead fell 0.79

SHFE nonferrous metals, except for copper and lead, all went up today, amid the shrinking increase in China’s CPI and PPI. Nickel rose 2.61% to lead the gains, aluminium increased 0.32%, zinc went up 0.58%, and tin advanced 1.38%, while copper fell 0.14% and lead shed 0.79%.

Jul 9, 2021 18:45

SMM Comments

SMM Evening Comments (Jul 9): Shanghai nonferrous metals closed mixed, lead fell 0.79

SMM Evening Comments (Jun 25): Shanghai nonferrous metals closed mostly higher as investors monitored recovery, tapering fears

SHFE nonferrous metals rose for the most part on Friday June 25 as investors monitored the prospect of a steady economic rebound and fears of a tapering of monetary stimulus.

Jun 25, 2021 18:00

SMM Comments

SMM Evening Comments (Jun 25): Shanghai nonferrous metals closed mostly higher as investors monitored recovery, tapering fears

SMM Evening Comments (Jun 24): Shanghai nonferrous metals ended mixed as investors digested Fed comments, data

SHFE nonferrous metals closed mixed on Thursday June 24 as global investors digested comments from US Federal Reserve officials and looked ahead to various data releases.

Jun 24, 2021 18:00

SMM Comments

SMM Evening Comments (Jun 24): Shanghai nonferrous metals ended mixed as investors digested Fed comments, data

SMM Evening Comments (Jun 16): Shanghai nonferrous metals fell across the board as markets awaited Fed outcome

SHFE nonferrous metals broadly fell on Wednesday June 16 as investors looked ahead to the US Federal Reserve's interest rate decision.

Jun 16, 2021 18:00

SMM Comments

SMM Evening Comments (Jun 16): Shanghai nonferrous metals fell across the board as markets awaited Fed outcome

SMM Evening Comments (Jun 10): Shanghai nonferrous metals declined for the most part, lead climbed 0.98%

SHFE nonferrous metals broadly fell on Thursday June 10, as investors looked ahead to an upcoming release of US inflation data for May.

Jun 10, 2021 18:00

SMM Comments

SMM Evening Comments (Jun 10): Shanghai nonferrous metals declined for the most part, lead climbed 0.98%

SMM Evening Comments (Jun 8): Shanghai nonferrous metals declined for the most part

SHFE nonferrous metals broadly fell on Tuesday June 7.

Jun 8, 2021 18:00

SMM Comments

SMM Evening Comments (Jun 8): Shanghai nonferrous metals declined for the most part

SMM Evening Comments (Jun 4): Shanghai nonferrous metals fell across the board ahead of US jobs report

SHFE nonferrous metals broadly fell on Friday June 4 as investors looked ahead to a key U.S. jobs report later in the session.

Jun 4, 2021 18:00

SMM Comments

SMM Evening Comments (Jun 4): Shanghai nonferrous metals fell across the board ahead of US jobs report

SMM Morning Comments (Jun 4): Base metals fell amid the strong US employment data

Shanghai base metals all fell last night, and LME metals closed down as well amid the strong US employment data and the concerns of Fed withdrawal of stimulus package.

Jun 4, 2021 09:47

Analysis

SMM Morning Comments (Jun 4): Base metals fell amid the strong US employment data

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Shanghai-bonded copper stocks gain 3,000 mt on week

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