Copper Inventory at increase in SHFE

SHANGHAI, Nov 16 (SMM) – Copper inventory in LME dropped to 260,150 tons in Nov 10, but in SHFE the copper in stock has increased since September.

Copper inventory in COMEX has risen rapidly to 207,241 tons.

According to SMM, copper inventory in LME, SHFE, COMEX and bonded warehouses is 28,000 tons more than it was in September, and it proves the sufficient supply in the market.

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