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

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...

Published

Echo Ma

March 02, 2018

10:47 GMT

Shanghai