SHFE Copper Warrants See Largest Daily Drop in 2026, Prices and Inventories Decline

Published: Mar 13, 2026 16:04

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[SMM SHFE Copper Flash News] According to the SHFE warrant daily report, copper futures warrants decreased by 11,264 mt during the day, the largest daily decline so far in 2026. Among them, Shanghai fell by 4,750 mt, breaking the previous trend of लगातार increases; Guangdong fell by 447 mt; Jiangsu fell by 5,867 mt; and Zhejiang fell by 200 mt. As copper prices declined during the week, downstream restocking demand emerged, copper cathode social inventories had already begun a slight destocking, and Shanghai spot copper also shifted from discounts to premiums.

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