SHFE STOCKS REPORT 29/11: Base metals stocks mostly lower, copper inventories fall 11%

November 30, 2019 / www.metalbulletin.com / Article Link

Copper stocks at Shanghai Futures Exchange-approved warehouses recorded the largest drop in percentage terms in the week ended Friday November 29.

Copper inventories dropped by 11%, or 14,845 tonnes, week on week to 120,192 tonnes on Friday.Warehouses operated by SIPG Logistics in Shanghai registered the largest outflow, at 7,533 tonnes.Analysts attributed the slump in...

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