Home / Metal News / Copper / The stock of copper in Shanghai bonded warehouse decreased by 14500 tons this week.
The stock of copper in Shanghai bonded warehouse decreased by 14500 tons this week.
May 8,2020 17:14CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM5, March 8: according to SMM research, copper stocks in the Shanghai bonded area on Friday (May 8) fell by 14500 tons to 265000 tons compared with last week (April 30), and inventories fell for the seventh consecutive week. Driven by the country's infrastructure projects, domestic consumption continued to improve, and the copper rod operating rate was close to an all-time high in April. Foreign trade market import window continued to open this week, Yangshan copper premium rose sharply, market customs imports increased, further driving down the bonded area inventory.

"Click on the application to view the SMM metal industry chain database for free.

"Click to participate in the second China (Yingtan) Copper Industry Summit and the 15th China International Copper Industry chain Summit."

"these enterprises have signed up! (with part of the list of participants)

To sign up for the summit or apply to enter the SMM industry exchange group, please scan the code:

Foreign trade
inventory
electrolytic copper

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news