LIVE FUTURES REPORT 01/12: SHFE copper inventories rise 2.5% w-o-w

Deliverable copper stocks at Shanghai Futures Exchange-approved warehouses increased 4,174 tonnes or 2.5% from last week to 168,987 tonnes as of Friday December 1.

This followed a 2,013-tonne increase in the week ended November 24.
This week, Zhongchu Dachang in Shanghai saw the most copper moving into sheds – 4,017 tonnes – representing around 96% of the total 4,174 stocks delivered in China this week.

Spot copper continued to be traded at a discount. Shanghai spot discounts...


Susan Zou

December 01, 2017

11:05 GMT