Copper Stockpiles in Shanghai Drop, Zinc Falls From Record
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Copper stockpiles monitored by the Shanghai Futures Exchange declined to near a 21-month low, while zinc inventories dropped from a record, according to data from the bourse.
Copper inventories fell 2,888 metric tons to 83,275 tons, according to a survey of 10 warehouses in Shanghai, the bourse said on its website. That’s near the 82,309 tons tallied two weeks ago, which was lowest level since August 2009.