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Shanghai-bonded copper stocks continue declines

iconMay 24, 2019 12:36
Source:SMM
Stocks fell 12,000 mt from a week ago to stand at 570,000 mt as of May 24

SHANGHAI, May 24 (SMM) – Copper stocks across Shanghai bonded areas fell 12,000 mt from a week ago to stand at 570,000 mt as of Friday May 24, SMM data showed.

Bonded copper stocks extended their declines as cargoes entered the domestic market in an open arbitrage window.

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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