Copper Inventories in Domestic Bonded Zones Dip 2,600 mt from November 4

SHANGHAI, Nov 11 (SMM) - SMM survey showed that copper inventories in domestic bonded zones dipped 2,600 mt from November 4 to 28,300 mt as of November 11. Inventory in the Shanghai bonded zone dipped 1,700 mt to 23,400 mt, and that in the Guangdong bonded zone fell 900 mt to 4,900 mt. Importers who locked the price ratio when the import window was open in the past few weeks moved the goods from the bonded warehouse to the domestic market, driving the inventory down.