SHFE copper stocks drop by over 10,000 tonnes, aluminium falls by 14% on increased buying activity

Deliverable stocks of all base metals in Shanghai Futures Exchange-registered warehouses fell in the week to Friday September 22, with copper dropping the most in percentage terms.

Copper stocks fell by 16.86%, or 10,981 tonnes, to 54,165 tonnes from 65,146 tonnes the previous week, according to the exchange’s weekly stock report. The biggest outflow was registered at...