SINGAPORE, May 31, 2010 (Dow Jones Commodities News via Comtex) -- Japan's copper cathode inventories fell 16% in April compared with March, to 34,168 metric tons, according to preliminary data released Monday by the Ministry of Economy, Trade and Industry.
Copper cathode inventories in April were 14% higher than the same month in 2009.
Shipments of refined copper in March reached 128,117 tons, up 2% from March and 4% from the previous year.
Production of refined copper fell 4% on month in April to 128,346 tons, but was up 18% from a year earlier.
At 0130 GMT, three-month copper on the London Metal Exchange was at $6,820/ton, down $118 from Friday's kerb.