According to the SMM survey, as of November 14, copper inventories in domestic bonded zones increased by 2,900 mt WoW (from November 7) to 62,800 mt. Among them, Shanghai bonded inventories increased by 2,500 mt WoW to 58,600 mt; Guangdong bonded inventories increased by 400 mt WoW to 4,200 mt. This week, bonded warehouse inventories continued to increase mainly due to the poor purchase willingness at the beginning of the week, leading many traders to send arriving goods into bonded warehouses. Looking ahead, as the SHFE/LME price ratio continues to improve, warehouse warrant trading volumes have rapidly increased this week, and bonded warehouse inventories are expected to decrease next week.
Copper inventories in domestic bonded zones increased
According to the SMM survey, as of November 14, copper inventories in domestic bonded zones increased by 2,900 mt WoW (from November 7) to 62,800 mt.
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.
For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
15 hours ago
Copper Futures Warrants Flow Out, Spot Premiums Rebound Amid Destocking
Read More
Copper Futures Warrants Flow Out, Spot Premiums Rebound Amid Destocking
[SMM Copper Bulletin] According to the SHFE daily copper warrant report, copper futures warrants continued to flow out by 8,368 mt during the day, with the most significant outflows in Shanghai at 3,640 mt, followed by Guangdong at 2,926 mt and Jiangsu at 1,902 mt. As social inventories continued destocking, spot premiums in various regions basically stopped falling and rebounded.
15 hours ago
16 hours ago
Data: SHFE, DCE market movement (Apr 01)
Read More
Data: SHFE, DCE market movement (Apr 01)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 01 Apr , 2026
16 hours ago
![The Most-Traded BC Copper Contract Closed Up 1.68%, Easing Conflict Boosted Copper Prices [SMM BC Copper Commentary]](https://imgqn.smm.cn/usercenter/kvwSZ20251217171710.jpg)
17 hours ago
The Most-Traded BC Copper Contract Closed Up 1.68%, Easing Conflict Boosted Copper Prices [SMM BC Copper Commentary]
Read More
The Most-Traded BC Copper Contract Closed Up 1.68%, Easing Conflict Boosted Copper Prices [SMM BC Copper Commentary]
17 hours ago
Related News
Copper Futures Warrants Flow Out, Spot Premiums Rebound Amid Destocking
Apr 01, 2026 17:22
Data: SHFE, DCE market movement (Apr 01)
Apr 01, 2026 15:44
The Most-Traded BC Copper Contract Closed Up 1.68%, Easing Conflict Boosted Copper Prices [SMM BC Copper Commentary]
Apr 01, 2026 15:17
The SHFE/LME Price Ratio Continued to Weaken Intraday, and the Center of Transaction Prices Moved Lower [SMM Yangshan Spot Copper]
Apr 01, 2026 12:06