Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / Shanghai bonded copper stocks added 4,300 mt on week on weakened domestic consumption

Shanghai bonded copper stocks added 4,300 mt on week on weakened domestic consumption

Aug 7, 2020 13:12

Source:SMM

Stocks of copper in Shanghai bonded areas returned to the expansionary territory as domestic consumption weakened and widened discounts of copper scrap squeezed demand for refined copper. SMM data showed that the stocks added 4,300 mt from last Friday July 31 to 219,800 mt as of Friday August 7.

SHANGHAI, Aug 7 (SMM) – Stocks of copper in Shanghai bonded areas returned to the expansionary territory as domestic consumption weakened and widened discounts of copper scrap squeezed demand for refined copper.
SMM data showed that the stocks added 4,300 mt from last Friday July 31 to 219,800 mt as of Friday August 7.
This week, the import arbitrage window remained closed and the demand for seaborne copper was weak. This also accounted for the rebound in the bonded inventories.

Inventory data

Copper

Shanghai bonded zone

For queries, please contact William Gu at williamgu@smm.cn

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

Related news

China weekly inventory summary and data wrap (Jul 2)

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

time

Jul 2, 2021 20:00

China weekly inventory summary and data wrap (Jul 2)

Shanghai bonded refined nickel stocks fell 1,500 mt on week

Inventories of refined nickel in the Shanghai bonded areas decreased 1,500 mt from a week ago to 11,300 mt as of March 26, showed SMM data.

time

Mar 26, 2021 18:05

Shanghai bonded refined nickel stocks fell 1,500 mt on week

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.

time

Jan 22, 2021 16:56

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.

time

Jan 22, 2021 16:09

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.

time

Jan 22, 2021 15:30

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.

time

Dec 25, 2020 11:31

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.

time

Dec 22, 2020 11:09

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.

time

Dec 21, 2020 13:57

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.

time

Nov 20, 2020 14:52

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.

time

Nov 16, 2020 14:35

Zinc social inventories shrank 1,600 mt over weekend

SMM Events & Webinars

Apr
09
- NET ZERO MEA - Solar & Energy Storage
  Apr 09 - 10,2025
  MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
Apr
09
- 2025 SMM (20th) Lead & Zinc Conference and Industry Expo
  Apr 09 - 11,2025
  To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange p
  Nanjing · Jiangsu ·China
Apr
16
- CLNB 2025 (10th) China International New Energy Industry Expo
  Apr 16 - 18,2025
  Suzhou International Expo Center, Jiangsu, China

MOST POPULAR

1.NEV Magnet Wire Industry Opportunity Discovery

2.Copper Substitution Market Study-Consumer Durables

3.Copper Substitution Market Study-Construction

4.Copper Substitution Market Study-Power Distribution

5.Copper Substitution Market Study-Power Transmission

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.