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Shanghai-bonded copper stocks fall for six weeks

iconSep 21, 2018 13:50
Source:SMM
Copper stocks across Shanghai bonded areas shrank 14,000 mt from a week ago to stand at 396,000 mt as of Friday Sep 21

SHANGHAI, Sep 21 (SMM) – Copper stocks across Shanghai bonded areas shrank 14,000 mt from a week ago to stand at 396,000 mt as of Friday September 21, SMM data showed.

This marked the sixth consecutive week of decline, with the import arbitrage window open for three straight weeks, attracting imported copper to enter the domestic market.

Inventory data
Copper

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