LME Copper Inventories Fall 4,675 mt in a Day, Down Nearly 30% Within a Month

On August 10, LME copper inventories stood at 218,300 mt, down 4,675 mt from the previous day, a decline of 2.1%.

Core Facts

On August 10, LME copper inventories were recorded at 218,300 mt, down 4,675 mt from the previous day, a decrease of 2.10%. Over the past week, LME copper inventories fell by a cumulative 25,700 mt, down 10.54%.

Inventories and Logistics

Over the past month, LME copper inventories fell by a cumulative 88,200 mt, a decrease of 28.78%. Inventory data directly reflect dynamic changes in supply-demand patterns. The continued significant decline in LME copper inventories may support copper prices.