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Home / Metal News / Shanghai-bonded copper stocks dip below 400,000 mt

Shanghai-bonded copper stocks dip below 400,000 mt

Jul 26, 2019 16:28

Source:SMM

This marked the 12th straight week of declines, down 190,500 mt from May 10

SHANGHAI, Jul 26 (SMM) – Copper stocks across Shanghai bonded areas continued to fall this week, declining 6,500 mt from a week ago to stand at 397,500 mt as of Friday July 26, showed SMM data.

This marked the 12th straight week of declines, down 190,500 mt from May 10 and down 44,200 mt from the end of the lunar Chinese New Year.

Fewer arrivals of seaborne materials accounted for the declines in bonded stocks.

Inventory data

Copper

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Analysis

Lead Ingot Social Inventories Expanded 13,600 mt on Week

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Jul 30, 2021 11:05

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Jul 26, 2021 14:46

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Jul 23, 2021 20:00

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SMM Morning Comments (Jul 23): Shanghai base metals were mostly higher on dovish ECB comments

Shanghai base metals mostly cruised higher on Friday morning amid dovish comments from European Central Bank. Meanwhile, their counterparts on the LME traded mixed.

Jul 23, 2021 10:00

SMM Comments

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Jul 22, 2021 16:41

Analysis

Aluminium billet inventories fell 1,200 mt on week

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SMM Comments

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Jul 19, 2021 16:36

Industry

NDRC: To further release copper, aluminium, and zinc reserves, strictly penalise price bidding

Shanghai bonded copper stocks fell 4,300 mt on week

SMM data showed that the stocks fell 4,300 mt from the prior week to 435,500 mt as of Friday July 16.

Jul 16, 2021 13:24

Analysis

Shanghai bonded copper stocks fell 4,300 mt on week

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Shanghai-bonded copper stocks dip below 400,000 mt

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