SHFE STOCKS REPORT 02/03: Market optimism for copper demand boosts stocks; lead inventory the biggest faller

By Echo Ma / March 02, 2018 / www.metalbulletin.com / Article Link

Deliverable copper stocks at Shanghai Futures Exchange-approved warehouses have continued to increase during the week to Friday March 3, while lead saw the greatest declines.

Copper stocks increased 41,755 tonnes to 260,287 tonnes this week, up 19.1% from 218,532 tonnes recorded on February 23 when the market reopened after the Lunar New Year holidays. 

Zhongchu Wusong warehouse in Shanghai saw the biggest copper stock...

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