Copper, aluminium stocks rise
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Shanghai copper stockpiles rose for the first week in seven, by 8.4 per cent, the Shanghai Futures Exchange said in a report on its Web site. Inventories, based on a survey of five warehouses monitored by the exchange, gained 1,487 tonnes to 19,112 tonnes this week, according to the report. Stockpiles of aluminium increased 1,144 tonnes to 194,139 tonnes, based on a survey of 11 warehouses in Shanghai, Guangdong, Wuxi and Hangzhou, the exchange said. Zinc stockpiles fell by 474 tonnes to 70,811 tonnes, based on a survey of seven warehouses in Shanghai, Guangdong and Hangzhou. Rubber inventories gained 4,280 tonnes to 49,740 tonnes, based on a survey of 10 warehouses in Shanghai, Shandong, Yunnan, Hainan and Tianjin, the exchange said.
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Source : Business Line |
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