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Limited inflows shrink Shanghai-bonded copper stocks

iconNov 16, 2018 17:11
Source:SMM
Copper stocks across Shanghai bonded areas dipped 8,000 mt from a week earlier to 389,000 mt as of Friday Nov 16

SHANGHAI, Nov 16 (SMM) – Copper stocks across Shanghai bonded areas dipped 8,000 mt from a week earlier to 389,000 mt as of Friday November 16, SMM data showed.

Bonded warehouses in Shanghai saw smaller inflows as the import arbitrage window has remained closed since September.

Inventory data
Copper
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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