SHANGHAI, Mar 8 (SMM) –Shanghai-bonded copper stocks extended their gains this week as significant import losses limited outflows and as export arbitrage opportunities bolstered inflows.
SMM data showed that copper stocks across Shanghai bonded areas came in at 530,000 mt as of Friday March 8, up 25,000 mt from last Friday and 88,800 mt from the last Friday before the Lunar New Year holiday.
![Copper Prices Shot Up, Suppressing Downstream Procurement; Spot Premiums Turned from Premium to Discount [SMM Shandong Copper Cathode Spot Weekly Review]](https://imgqn.smm.cn/usercenter/qBqQv20251217171708.jpg)
![Los precios del cobre alcanzaron un máximo reciente, los compradores downstream no están dispuestos a comprar, los proveedores tuvieron que bajar los precios para vender [SMM South China Spot Copper]](https://imgqn.smm.cn/usercenter/CJXfS20251217171710.jpg)

