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Home / Metal News / Dropping LME Copper Inventory Comes to an End, Keeping Vigilant at Potential Surge

Dropping LME Copper Inventory Comes to an End, Keeping Vigilant at Potential Surge

Nov 28, 2017 16:03

Source:SMM

Recently see continuous drop of LME Copper inventory. During Sept.26th to Nov.23rd, LME inventory totally dropped 86,075 tons but copper price is scarcely boosted by the inventory tendency.

SHANGHAI, Nov.28 (SMM)－Recently see continuous drop of LME Copper inventory. During Sept.26^th to Nov.23^rd, LME inventory totally dropped 86,075 tons but copper price is scarcely boosted by the inventory tendency. Transfer case of LME Copper inventory has been occurred for six times since August 2016. Concerning previous amount, dropping inventory of this time may come to an end. In the future, need to be vigilant at potential surge of inventory.

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