login_img.jpg
Login ID:
Password:
Partner Login
Contact Us : 7066511911

Shanghai Futures Exchange Reports Decline in Copper Inventories

26 Apr 2024 1:44 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Mumbai, 26 April (CommoditiesControl): The latest data from the Shanghai Futures Exchange (SHFE) reveals a notable decrease in copper inventories compared to the previous week. Here's the breakdown of the changes in metals stocks reported by the exchange.



The decline in copper inventories suggests a potential tightening of supply in the market, which could influence future price movements. Meanwhile, other metals like aluminium and zinc also experienced decreases in inventories, albeit to a lesser extent. Conversely, nickel and tin saw modest increases in their respective inventories.


(By Commoditiescontrol Bureau; +91-9820130172)


       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Post Comment  

Latest Market Commentary
All India Steel Rates 06 May 2024
MCX Copper Surges Amidst SHFE Price Dip, Dollar Strengt...
All India Steel Rates 04 May 2024
Copper Sees Rebound Amid Weak Dollar, Yet Weekly Declin...
London Metal Exchange Settlement - 02-May-2024
more
Top 5 News
Market Snapshot MCX - NCDEX
Global equity/currency market update: Asia shares gain ...
ICE raw sugar futures gain as India's sugar production ...
ICE cotton futures fall as traders up net short positio...
Soyoil rose marginally on Spread trading and Weather Co...
Top 5 Special Reports
Rice Bran Refined Oil (Ludhiana) Trading in a Range (R...
Black Matpe (Urad) SQ Burma (CNF$) Positive Trend / Ne...
U.S. Soybean Oil Loses Ground in Biofuel Market
Weekly: ICE raw sugar futures fall; improved weather co...
Weekly: ICE cotton futures post ninth straight week of ...
Copyright © CC Commodity Info Services LLP. All rights reserved.