Exports extend gains in Shanghai-bonded copper stocks

Published: Nov 30, 2018 17:06
Copper stocks across Shanghai bonded areas increased by 3,200 mt from a week ago to stand at 408,600 mt as of Friday Nov 30

SHANGHAI, Nov 30 (SMM) – Copper stocks across Shanghai bonded areas increased by 3,200 mt from a week earlier to stand at 408,600 mt as of Friday November 30, SMM data showed.

Domestic smelters stepped up export shipments and this accounted for the gains.

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

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