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Home / Metal News / Shanghai-bonded copper stocks shrink on the week

Shanghai-bonded copper stocks shrink on the week

Oct 19, 2018 17:29

Source:SMM

Stocks fell 2,200 mt from Oct 12 to 405,000 mt as of Friday Oct 19 as domestic purchasing interest waned

SHANGHAI, Oct 19 (SMM) – Copper stocks across Shanghai bonded areas shrank by 2,200 mt from October 12 to 405,000 mt as of Friday October 19, SMM data showed.

Purchasing interest across domestic traders cooled as the import window has remained closed for nearly a month. This lowered bonded stocks on the week.

Inventory data

Copper

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Shanghai-bonded copper stocks shrink on the week

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