Copper Stockpiles in Shanghai Drop to a Seven-Month Low

Base Metals Investing

Bloomberg reports that Copper stockpiles monitored by the Shanghai Futures Exchange dropped to a more than seven-month low.

Bloomberg reports that Copper stockpiles monitored by the Shanghai Futures Exchange dropped to a more than seven-month low.

The market news is quoted as saying:

Copper inventories fell 15 percent from a week earlier, dropping 15,357 metric tons to 90,108 tons, according to a survey of 10 warehouses in Shanghai.

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