The Drop in Bonded Zone Copper Inventories can Hardly Sustain

Published: Mar 24, 2023 15:56

Source: SMM

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This week, the import window closed, muting trades.

SHANGHAI, Mar 24 (SMM) – This week, the import window closed, muting trades.

Some cargoes under bill of lading, slated to arrive at the month-end, are believed to have gone to the bonded warehouses, and shipments under warrants from bonded zone inventories will also decline.

The decline in copper inventories in China’s bonded zones is unlikely to sustain.

Inventory Market

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