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China's SHFE copper stocks fall for third week to 172,370 mt


China's copper stocks in Shanghai Futures Exchange warehouses fell 11% week on week to 172,370 mt Friday, latest weekly data from the bourse showed.

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It was the third consecutive week of falls, the data showed.

The warehouses are situated in four locations; Shanghai, Guangdong, Jiangsu and Zhejiang.

Stocks at warehouses in Shanghai fell 11.3% week on week to 139,656 mt, in Guangdong fell 4.4% to 25,001 mt, in Jiangsu fell 21.7% to 7,212 mt and in Zhejiang fell 42.9% to 501 mt, the data showed.

--Alvin Yee,
--Edited by Wendy Wells,