SHFE STOCKS REPORT 16/03: SHFE copper stocks up again; aluminium inventories rise 10%

Deliverable copper stocks at Shanghai Futures Exchange-approved warehouses increased for a seventh consecutive week in the week ended Friday March 16, while aluminium inventories climbed by 10.3%.

Copper stocks increased by 28,899 tonnes to 296,994 tonnes this week, up by 10.8% from the 268,095 tonnes recorded on March 9. Stocks are now up by 85% since the beginning of the year.

This week, Changzhou Rongda in Jiangsu saw the most red metal entering its sheds with 7,556 tonnes, bringing its total...

Published

Echo Ma

March 16, 2018

08:50 GMT

Shanghai