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Home / Metal News / Shanghai bonded copper stocks jumped 20,500 mt in the pre-CNY week

Shanghai bonded copper stocks jumped 20,500 mt in the pre-CNY week

Jan 23, 2020 13:55

Source:SMM

The upcoming Chinese New Year holiday and closed import arbitrage window muted trades

SHANGHAI, Jan 23 (SMM) – Copper stocks across Shanghai bonded areas jumped this week, as the upcoming Chinese New Year holiday and closed import arbitrage window muted trades and as shipments under bill of lading arrived.

SMM data showed that the stocks increased 20,500 mt from last Friday January 17 to 292,500 mt as of Thursday January 23.

The stocks have risen for six consecutive weeks, with the past three weeks seeing substantial gains of a cumulative volume of 44,500 mt.

Inventory data

Copper

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This is a roundup of China's metals weekly inventory as of July 2.

Jul 2, 2021 20:00

Analysis

China weekly inventory summary and data wrap (Jul 2)

Nickel ore inventories at Chinese ports fell 260,000 wmt to 8.61 million wmt

Nickel ore inventories across all Chinese ports decreased 260,000 wmt from January 15 to 8.61 million wmt as of January 22, showed SMM data.

Jan 22, 2021 16:56

Analysis

Nickel ore inventories at Chinese ports fell 260,000 wmt to 8.61 million wmt

Zinc social inventories shrank 1,100 mt on week

Zinc inventories in China fell this week, with stocks in Shanghai and Tianjin decreasing relatively sharply.

Jan 22, 2021 16:09

Analysis

Zinc social inventories shrank 1,100 mt on week

Shanghai bonded copper stocks added 1,700 mt on week

Stocks of copper in Shanghai bonded areas increased slightly for two consecutive weeks on larger arrivals.

Jan 22, 2021 15:30

Analysis

Shanghai bonded copper stocks added 1,700 mt on week

China HRC inventories continued their falls this week

Inventories of hot-rolled coils of steel sheets used to produce home appliances and cars in China extended declines this week, and the decline expanded slightly compared with the prior week.

Dec 25, 2020 11:31

Analysis

China HRC inventories continued their falls this week

Iron ore arrivals at Chinese ports rose 2.15 million mt on week

A total of 112 vessels carrying 16.8 million mt of iron ore arrived at major Chinese ports during December 13-19, SMM estimates. This was up 2.15 million mt from the previous week and 2.06 million mt from the same period last year. Arrivals at Tangshan port increased one million mt on the week.

Dec 22, 2020 11:09

Analysis

Iron ore arrivals at Chinese ports rose 2.15 million mt on week

Zinc social inventories shrank 500 mt over weekend

Zinc inventories in China fell over the weekend, primarily propelled by a decrease in Guangdong.

Dec 21, 2020 13:57

Analysis

Zinc social inventories shrank 500 mt over weekend

Social inventories of lead ingots increased 2,500 mt this week

Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin expanded 2,500 mt from the prior week to 37,800 mt mt as of Friday November 20.

Nov 20, 2020 14:52

Analysis

Social inventories of lead ingots increased 2,500 mt this week

Zinc social inventories shrank 1,600 mt over weekend

Zinc inventories in China fell slightly over the weekend, primarily propelled by a decrease in Shanghai and Guangdong.

Nov 16, 2020 14:35

Analysis

Zinc social inventories shrank 1,600 mt over weekend

Shanghai bonded refined nickel stocks rose 1,000 mt on week

Inventories of refined nickel in the Shanghai bonded areas rose 1,000 mt from a week ago and stood at 24,300 mt as of November 6, showed SMM data.

Nov 6, 2020 18:24

Analysis

Shanghai bonded refined nickel stocks rose 1,000 mt on week

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Shanghai bonded copper stocks jumped 20,500 mt in the pre-CNY week

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NET ZERO MEA - Solar & Energy Storage

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