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Home / Metal News / Shanghai-bonded copper stocks drop 42,000 mt on week

Shanghai-bonded copper stocks drop 42,000 mt on week

May 31, 2019 17:15

Source:SMM

Stocks fell 42,000 mt from a week ago to stand at 528,000 mt as of May 31

SHANGHAI, May 31 (SMM) – Copper stocks across Shanghai bonded areas fell sharply this week, dropping 42,000 mt from a week ago to stand at 528,000 mt as of Friday May 31, SMM data showed.

Inventory data

Copper

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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

SMM Comments

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

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

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

Analysis

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)

Zinc social inventories shrank 12,100 mt on week

SMM data showed that social inventories of refined zinc ingots across Shanghai, Tianjin, Guangdong, Jiangsu, Zhejiang, Shandong and Hebei decreased 12,100 mt in the week ended June 25 to 116,500 mt. The stocks fell 6,400 mt from Monday June 21.

Jun 25, 2021 14:44

Analysis

Zinc social inventories shrank 12,100 mt on week

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

Zinc social inventories inch up over weekend

Stocks rose 1,600 mt from Aug 2 to stand at 146,000 mt as of Aug 5

Aug 5, 2019 14:35

Analysis

Zinc social inventories inch up over weekend

Growth in social inventories of rebar slows on week

Production cuts at EAF mills to ease rebar supply pressure in the weeks ahead

Aug 2, 2019 10:39

Analysis Industry SMM Insight

Growth in social inventories of rebar slows on week

Transport ban slows iron ore deliveries from Tangshan ports

Port stocks shrank 800,000 mt from a week ago and stood at 106.3 million mt as of Jul 26

Jul 26, 2019 16:19

Analysis

Transport ban slows iron ore deliveries from Tangshan ports

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Shanghai-bonded copper stocks drop 42,000 mt on week

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