SHANGHAI, Mar 20 (SMM) – Stocks of copper across Shanghai bonded area rose this week, after declining for two consecutive weeks, as trades were muted after import losses widened on a lower ratio of SHFE copper prices to LME prices.
SMM data showed that Shanghai bonded copper stocks increased 7,000 mt in the week ended March 20 to 340,000 mt. The bonded stocks shrank 5,300 mt over the fortnight as of March 13.
Copper cathode shipments outside China are closely watched as many countries have put in place more stringent efforts to contain spreading of the COVID-19 pandemic worldwide.

![Relação de preços SHFE/LME enfraquece, prêmios à vista caem [Cobre à vista de Yangshan SMM]](https://imgqn.smm.cn/usercenter/AbRbz20251217171711.jpg)
![Preços elevados do cobre, combinados com oferta e demanda fracas, mantêm os prêmios do cobre à vista na SHFE caindo sob pressão [SMM SHFE Cobre à Vista]](https://imgqn.smm.cn/usercenter/HeIuV20251217171708.jpg)
![A oferta limitada disponível manteve as cotações dos fornecedores firmes, mas a demanda downstream estava fraca [Cobre spot do Sul da China da SMM]](https://imgqn.smm.cn/usercenter/SiNDH20251217171711.jpg)
