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Shanghai Futures Exchange Reports Decline in Copper Inventories

26 Apr 2024 1:44 pm
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Mumbai, 26 April (CommoditiesControl): The latest data from the Shanghai Futures Exchange (SHFE) reveals a notable decrease in copper inventories compared to the previous week. Here's the breakdown of the changes in metals stocks reported by the exchange.



The decline in copper inventories suggests a potential tightening of supply in the market, which could influence future price movements. Meanwhile, other metals like aluminium and zinc also experienced decreases in inventories, albeit to a lesser extent. Conversely, nickel and tin saw modest increases in their respective inventories.


(By Commoditiescontrol Bureau; +91-9820130172)


       
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