Table 8.12
World Refined Copper Inventories
Unit: kMT at year-end · Cochilco, Anuario Cochilco 2025 · 2000 to 2025
| Series | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EXCHANGES | 523.7 | 1,137.7 | 1,292.7 | 806.1 | 124.3 | 156.2 | 252.8 | 238.3 | 389.7 | 687.7 | 568.5 | 544.6 | 589.4 | 506.5 | 308 | 482.8 | 537.6 | 543 | 351.3 | 304.5 | 250.6 | 189.1 | 190 | 216.4 | 430.3 | 730.5 |
| London Metal Exchange (LME) | 357.2 | 799.2 | 855.6 | 430.5 | 48.9 | 92.2 | 190.6 | 198.9 | 340.6 | 502.4 | 377.7 | 371.6 | 320.5 | 365.7 | 177 | 235.8 | 311.8 | 200.7 | 132.2 | 144.7 | 105.8 | 88.7 | 88.6 | 165.7 | 271.4 | 135.9 |
| Commodity Exchange (COMEX) | 58.7 | 244 | 362 | 255 | 43.7 | 6.2 | 30.9 | 13.8 | 31.3 | 90 | 58.9 | 79.8 | 64.1 | 15 | 25.5 | 64.2 | 79.2 | 191.8 | 100.4 | 36.2 | 69.7 | 62.2 | 32.1 | 19.8 | 84.7 | 482.9 |
| Shanghai Futures Exchange (SHFE) | 107.8 | 94.5 | 75.1 | 120.6 | 31.7 | 57.8 | 31.3 | 25.6 | 17.8 | 95.3 | 131.9 | 93.2 | 204.8 | 125.8 | 105.5 | 182.8 | 146.6 | 150.5 | 118.7 | 123.6 | 75.1 | 38.2 | 69.3 | 30.9 | 74.2 | 111.7 |
| PRODUCERS | 260.2 | 298.1 | 247.4 | 243.4 | 245.7 | 250.1 | 295.3 | 286.6 | 285 | 301.3 | 295.7 | 295.4 | 334 | 284.2 | 315 | 298.8 | 294.7 | 293.1 | 292.4 | 297.5 | 300.7 | 298.5 | 310.4 | 313.9 | 314.5 | 309.9 |
| MERCHANTS | 21.3 | 27.5 | 18.8 | 22.6 | 20.1 | 17.3 | 17.7 | 21.4 | 26 | 21.4 | 20.9 | 21.4 | 22.1 | 14.4 | 17.3 | 16.4 | 17.8 | 18 | 14.9 | 13.3 | 13.1 | 13.1 | 13.1 | 13.1 | 13.1 | 14.5 |
| CONSUMERS | 173.1 | 181.7 | 160.5 | 145.1 | 141.2 | 135.3 | 149.4 | 124.6 | 141.9 | 122.6 | 108.9 | 120 | 115.5 | 110.8 | 127.1 | 128 | 120.8 | 117.1 | 113.9 | 118 | 108 | 110.3 | 117.6 | 116 | 114.4 | 114.4 |
| TOTAL | 978.3 | 1,645 | 1,719.4 | 1,217.2 | 531.3 | 558.9 | 715.2 | 670.9 | 842.6 | 1,133 | 994 | 981.4 | 1,061 | 915.9 | 767.4 | 926 | 970.9 | 971.2 | 772.5 | 733.3 | 672.4 | 611 | 631.1 | 659.4 | 872.3 | 1,169.3 |
Source stated in the table
World Bureau of Metal Statistics (WBMS)
Source: Chilean Copper Commission (Cochilco), Cochilco, Anuario Cochilco 2025 (XLSX), 2026. Read on Oct 6, 2026.
n.d.: no data · n.a.: not applicable · “< 1”: less than one unit.