Shanghai bonded aluminium stocks more than double in February; copper slips

Aluminium stock volumes in Shanghai bonded warehouses more than doubled in February 2021 on increased import activity due to a favorable arbitrage between London and Shanghai.

A marginal decline was recorded in Shanghai bonded copper stocks over the month to Friday February 26, while zinc and nickel inventories both stayed flat.

Aluminium stocks surge on open...

Published

Karen Ng

Sally Zhang

Yingchi Yang

February 26, 2021

19:48 GMT

Singapore, Shanghai