Enormous Copper Inventory Transfer from LME to SHFE-Shanghai Metals Market

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Enormous Copper Inventory Transfer from LME to SHFE

Industry News 04:13:56PM Dec 04, 2017 Source:SMM

SHANGHAI, Dec.4 (SMM)-As per data released by LME, its copper inventory is 183,525 tons, refreshing new low since June 2016, saying 13th consecutive trading days of slipping inventory. COMEX copper inventory is 208,760 short tons. SHFE copper inventory increased to 168,987 tons last Friday, saying 5th consecutive week of rising inventory with over 56% gain.


The article is edited by SMM and is provided for information purpose only. It does not mean SMM agrees with its views and SMM assumes no liability for accuracy of information contained or quoted in the article.

Key Words:  copper   inventories   LME 

Enormous Copper Inventory Transfer from LME to SHFE

Industry News 04:13:56PM Dec 04, 2017 Source:SMM

SHANGHAI, Dec.4 (SMM)-As per data released by LME, its copper inventory is 183,525 tons, refreshing new low since June 2016, saying 13th consecutive trading days of slipping inventory. COMEX copper inventory is 208,760 short tons. SHFE copper inventory increased to 168,987 tons last Friday, saying 5th consecutive week of rising inventory with over 56% gain.


The article is edited by SMM and is provided for information purpose only. It does not mean SMM agrees with its views and SMM assumes no liability for accuracy of information contained or quoted in the article.

Key Words:  copper   inventories   LME