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

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...

Published

Karen Ng

November 29, 2019

11:56 GMT

Singapore