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    copper-investing

    Copper Stockpiles in Shanghai Rises 10,936 Metric Tons

    Investing News Network
    Dec. 30, 2011 02:36PM PST
    Base Metals Investing

    Bloomberg reported that copper stockpiles monitored by the Shanghai Futures Exchange rose to a two-month high 10,936 metric tons.

    Bloomberg reported that copper stockpiles monitored by the Shanghai Futures Exchange rose to a two-month high 10,936 metric tons.

    As quoted in the market news:

    Inventories rose 10,936 metric tons to 93,219 tons, the highest since the week ending Oct. 14, according to a survey of 10 warehouses in Shanghai, the exchange said on its website. The storage declined 29 percent this year, the first annual fall since 2008.

    Click here to read the full Bloomberg report.

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