Copper Stockpiles in Shanghai Advance to Two-Month High
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Copper stockpiles monitored by the Shanghai Futures Exchange climbed to a two-month high, while zinc holdings declined to a nine-month low, data from the bourse showed today.
Inventories rose 10,936 metric tons to 93,219 tons, the highest since the week ending Oct. 14, according to a survey of 10 warehouses in Shanghai, the exchange said on its website. The storage declined 29 percent this year, the first annual fall since 2008.