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Home / Metal News / LME, SHFE and COMEX copper stocks all hit multi-month low, with SHFE copper stocks touching 14-year low

LME, SHFE and COMEX copper stocks all hit multi-month low, with SHFE copper stocks touching 14-year low

Dec 4, 2023 16:04

Source:文华财经

LME data showed that LME copper stocks fell overall last week. The latest stocks level was 174,250 mt, a new low in nearly a month.

SHFE data showed that SHFE copper stocks fell by 27.12% WoW to 26,149 mt as of December 1, which was the lowest level in over 14 years.

Last week, COMEX copper stocks fell to 18,845 mt, a new low in seven and a half months.

Inventory

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According to SMM research, pure nickel inventory in six regions across China stood at 4,775 mt last week, up 23 mt from the previous Friday.

Apr 17, 2023 16:07

Analysis

Pure Nickel Social Inventory Grows Slightly on Rising Nickel Prices

SMM Weekly Updates on China Aluminium Ingot and Billet Social Inventories as of March 30

SHANGHAI, Mar 30 (SMM) - Aluminium ingot: The aluminium ingot social inventories across China’s eight major markets stood at 1.09 million mt as of March 30, down 20,000 mt from this Monday March 27 and 38,000 mt from a week ago.

Mar 30, 2023 15:29

Industry

SMM Weekly Updates on China Aluminium Ingot and Billet Social Inventories as of March 30

Aluminium Billet Stocks Extend Decline

SHANGHAI, Mar 30 (SMM) - The domestic aluminium billet social inventory dipped 9,600 mt from a week ago to 158,400 mt as of March 30.

Mar 30, 2023 15:28

Industry

SMM Weekly Rebar Stocks in Hangzhou Grow 5.08% WoW

As of March 29, the social inventory of rebar in Hangzhou was 806,000 mt, up 39,000 mt or 5.08% week-on-week.

Mar 29, 2023 17:13

Analysis

SMM Weekly Rebar Stocks in Hangzhou Grow 5.08% WoW

SMM Weekly Rebar Stocks in Hangzhou Falls 4.24% WoW

As of March 22, the social inventory of rebar in Hangzhou was 767,000 mt.

Mar 23, 2023 11:43

Analysis

SMM Weekly Rebar Stocks in Hangzhou Falls 4.24% WoW

Silicon Metal Social Inventory Dropped Slightly

SHANGHAI, Feb 17 (SMM)－ Silicon metal stocks across China’s three major markets stood at 126,000 mt as of February 17, a drop of 1,000 mt from a week ago.

Feb 17, 2023 17:36

Industry

Silicon Metal Social Inventory Dropped Slightly

Bonded Zone Inventory of Nickel Falls 500 mt from Feb 10

Bonded zone inventory of nickel dropped 500 mt to 7,000 mt WoW as of February 17.

Feb 17, 2023 15:16

Analysis

Bonded Zone Inventory of Nickel Falls 500 mt from Feb 10

Steel Mills Continue to Restock Iron Ore Inventories Pre-CNY

SMM surveyed 120 steel mills and found that stockpiling for the Chinese New Year holidays decreased sharply compared to the same period of past years. Inventories of imported ore averaged 23.3 days of production in December, up 1.9 days from November.

Jan 11, 2023 16:19

SMM Insight

Steel Mills Continue to Restock Iron Ore Inventories Pre-CNY

Zinc Ingot Social Inventory Down 3,400 mt from this Monday

Overall, the total inventory in Shanghai, Guangdong and Tianjin fell 3,800 mt, and that across seven major markets in China was down 3,400 mt.

Dec 2, 2022 15:44

Analysis

Zinc Ingot Social Inventory Down 3,400 mt from this Monday

China Rebar Stocks down 1.4% on Week

The total inventory of rebar across social warehouses and steel makers in China stood at 5.02 million mt as of Thursday November 24, down 69,600 mt or 1.4% from a week ago, and down 31.0% from the same period last year.

Nov 24, 2022 15:11

Analysis

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  May 15 - 25,2025
  Argentina & Brazil
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LME, SHFE and COMEX copper stocks all hit multi-month low, with SHFE copper stocks touching 14-year low

SMM Events & Webinars

2025 SMM SOUTH AMERICAN LITHIUM RESOURCES FIELD TRIP

2025 SMM ASIA METALS SEMINAR

2025 SMM 3rd Wire & Cable Conference & Expo