Friday, January 15, 2010

Copper In Shanghai Warehouses Rises

Deliverable copper inventories in warehouses monitored by the Shanghai Futures Exchange rose 2 percent from one week earlier, while deliverable aluminium inventories climbed 3 percent, the exchange said on Friday.

Deliverable copper inventories rose to 100,588 tonnes from 98,814 tonnes a week ago, while copper stocks on warrant declined 46 tonnes to 33,669 tonnes.

Deliverable aluminium inventories rose to 307,453 tonnes from 297,722 tonnes one week earlier. Stocks on warrant gained 8,005 tonnes to 266,056 tonnes.

Deliverable zinc inventories rose to 222,900 tonnes from 221,900 tonnes last week, and stocks on warrant rose 7,605 tonnes to 171,820 tonnes.

Source: Alibaba

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