Copper Stockpiles in Shanghai at Highest Since June

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Copper stockpiles monitored by the Shanghai Futures Exchange gained for the second week to the highest level since June, according to data from the bourse.

Inventories of copper rose 9,899 metric tons, or 7.4 percent, to 144,197 tons, based on a survey of eight warehouses in Shanghai, the exchange said today. That’s the highest level since the week to June 3, according to exchange data.