Shanghai bonded warehouse copper may have ris
Copper in Shanghai's bonded warehouses may have risen to 100,000 tonnes this week amid falling demand, from 60,000-70,000 tonnes last week, said industry sources. As a result, copper imports are expected to fall significantly in the next few months, said market participants.
Not a good scenario using their own stock pile. I am sure it will be similar to other commodities. We just hope the IMF is right about a slight uptick.