Shanghai Copper Inventories Declines By 3 Percent On A Weekly Basis

Copper......

Shanghai Copper inventories have declined by 3 percent on a weekly basis. Shanghai futures exchange warehouse inventories declined by 6483 tonnes to 217180 tonnes for the week ending 26 April 2013. The fall in inventories of China can be seen as a uplift of Chinese demand at lower levels. On LME, inventories of Copper increased by 1125 tonnes to 619600 tonnes. The inventories has increased by 94.4 percent in 2013.
Source by Commodity Insights