Shanghai-bonded copper stocks extend decline by 7,500 mt on week

Published: Aug 30, 2019 15:50

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Stocks stood at 344,000 mt as of Aug 30

SHANGHAI, Aug 30 (SMM) – Copper stocks across Shanghai bonded areas this week continued their slide that began from May, showed an SMM survey.

Stocks shrank 7,500 mt from a week ago and 244,000 mt from April 26, to stand at 344,000 mt as of Friday August 30. This marked the seventeenth consecutive week of decline.

Inventory data Copper

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