Bloomberg reported that Shanghai Futures Exchange monitored copper inventories fell 6,059 metric tons.
As quoted in the market news:
Stockpiles of copper fell 6,059 metric tons, or 3.7 percent, to 158,052 tons this week, according to a survey of 10 warehouses in Shanghai, the exchange said on its website.
Is the “looming copper supply crunch” fact or fiction? It’s time to debunk a few industry myths.Learn everything an investor needs to know about copper supplies and demands. Click below to download a FREE industry report on copper investing.
Send me the report!
Click here to download for free