Domestic supplies continue to arrive and be stored; bonded zone inventory of electrolytic copper slightly increases

2026-04-10 17:50:21

According to Mysteel statistics, as of March 12, the bonded copper spot inventory in Shanghai and Guangdong totaled 101k tons, an increase of 1.1k tons compared to the 9th.
Shanghai bonded zone held 90k tons, up 2.5k tons from the 9th; Guangdong bonded zone held 11k tons, down 1.4k tons from the 9th; bonded zone inventory continued to show accumulation, with smelters’ export sources arriving and entering storage throughout the week.
However, due to recent improvements in import price ratios, some sources have also been cleared and imported into the domestic market, so the overall increase in inventory is not very significant.

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