Copper yesterday settled up by 0.29% at 616.4 as Copper inventories in China’s bonded zones decreased by 8,100 mt from last Friday, July 8 to 278,300 mt as of July 15.
Copper inventories in warehouses monitored by the Shanghai Futures Exchange rose 2.9% from last Friday, the exchange said. China’s June copper imports rose 15.5 % from a month ago to 537,698 tonnes, customs data showed, after demand picked up following the lifting of COVID-19 lockdowns that had hurt manufacturing activity.
Jubilee Metals Group (LON:JLP) is a global, diversified metal recovery company that operates world-class projects, ensuring a positive impact on the environment and its stakeholders.
