MB:Shanghai copper futures down 0.3% in shaky Asian market
Shanghai Futures Exchange copper ended the week slightly lower in a shaky market spooked by poor US economic data that left stock markets tumbling across Asia
Shanghai Futures Exchange copper ended the week slightly lower in a shaky market spooked by poor US economic data that left stock markets tumbling across Asia. Arbitrage has also opened up with London Metal Exchange copper falling below its SHFE counterpart, weakening any support from the drop in SHFE copper inventory to 112,014 tonnes on Friday, down 7.3% week-on-week. SHFE November copper ended at 66,350 yuan ($10,397) per tonne, down 0.5% from Thursday's close and 0.3% for...