The stock of copper in Shanghai bonded warehouse decreased by 30,000 tons this week.

Published: May 15, 2020 13:12

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SMM5, March 15: according to SMM research, this Friday (May 15) Shanghai bonded area copper stocks fell by 30, 000 tons to 235000 tons compared with last week (May 8), inventories fell for eight consecutive weeks, and created the biggest weekly decline in nearly two months. The domestic copper consumption performance is good, the domestic continues to go to the warehouse. Import prices continued to open, stimulate import copper demand, Yangshan copper premium continued to rise, the number of imports declared in the market increased, and stocks in the bonded area fell further.

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Inventory copper bonded area

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