Copper Stockpiles Fall to Two-Month Low on Declines in Asia

Base Metals Investing

Bloomberg reports that Copper inventories inched down to the lowest in more than two months.

Bloomberg reports that Copper inventories inched down to the lowest in more than two months.

The market news is quoted as saying:

Stockpiles declined for a seventh day, falling 1,800 metric tons to 463,450 tons, the lowest level since April 26, LME data showed today. They fell 2.2 percent this week. Most declines were registered in Gwangyang and Busan, South Korea.

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