Worldwide inventories of the key base metal have contracted by more than 60% since March.

Source: https://www.investmentwatchblog.com/worldwide-inventories-of-the-key-base-metal-have-contracted-by-more-than-60-since-march/
Published: Jan 19, 2021
Author: Horse
Post Date: 2021-01-19 11:36:08 by Horse
Views: 50

Christophe Barraud @C_Barraud 🌎 Global #copper stockpiles tracked by leading exchanges have collapsed to the lowest level since 2008, adding to signs of increased market tightness - Bloomberg

*Worldwide inventories of the key base metal have contracted by more than 60% since March.


Poster Comment:

This is good news for silver mining stocks as copper and silver are usually mined together.

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