Home / Metal News / Copper / [SMM bonded warehouse inventory] the copper inventory in Shanghai bonded warehouse increased by 5000 tons this week.
[SMM bonded warehouse inventory] the copper inventory in Shanghai bonded warehouse increased by 5000 tons this week.
Jul 24,2020 12:56CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM7 March 24: according to SMM research, copper inventory in Shanghai Free Trade Zone increased by 5000 tons to 217500 tons on Friday, the third consecutive week of performance growth. The off-season effect appeared in July, the domestic copper elimination fee was weaker than the previous month, the inflow of imported copper and the squeeze of scrap copper occupied the refined copper, and the social inventory continued to increase. This week, import losses are gradually expanding, import demand is depressed, and the supply of goods is flowing into bonded warehouses one after another, so bonded inventory continues to grow.

 

"Click apply to view the SMM metal industry chain database

Scan the code to apply to join the SMM industry communication group:

Inventory
copper
data

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