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LME Copper Inventories Down Sharply with Inflows to China

iconOct 15, 2015 16:38
Source:SMM
The widening price spread between domestic and imported copper are believed to have led to a large inflows of copper inventories from LME and Shanghai Bonded Zone to China.

SHANGHAI, Oct. 15 (SMM) - The widening price spread between domestic and imported copper are believed to have led to a large inflows of copper inventories from LME and Shanghai Bonded Zone to China, according to qhrb.com.cn sources.

Copper inventories on the LME and Shanghai bonded zone fell 70,000 tonnes and 140,000 tonnes, respectively, in September. 

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