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Shanghai-bonded copper stocks drop 19,500 mt on week

iconJul 12, 2019 16:58
Source:SMM
Stocks have dipped for 10 consecutive weeks as of Jul 12

SHANGHAI, Jul 12 (SMM) – Copper stocks across Shanghai bonded areas continued to fall this week, declining 19,500 mt on the week to stand at 414,000 mt as of Friday July 12, after a drop of 21,500 mt a week ago, showed SMM data.

Bonded stocks have declined for 10 consecutive weeks as of July 12.

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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