Shanghai-bonded copper stocks gain 3,000 mt on week

SHANGHAI, Jan 11 (SMM) – Copper stocks across Shanghai bonded areas stood at 432,800 mt as of Friday January 11, up 3,000 mt from last Friday, SMM data showed.

This marked the eighth consecutive week of increase. The import arbitrage window closed after it opened briefly this week, and this moved some imports into bonded warehouses.