SMM

As of Friday June 30, copper inventories in the domestic bonded zones decreased 5,100 mt from June 21 to 66,800 mt, according to the latest SMM survey. Inventories in the Guangdong bonded zone added 6,000 mt due to arriving shipments under bill of lading. Inventories in the Shanghai bonded zone dropped 11,100 mt to 55,300 mt.