Amadeusz Juskowiak

Copper stocks outside us increase in december

Refined copper stocks held by refineries outside the US increased to a preliminary 277500 short tons at the end of December from a preliminary 270000 short tons revised higher at the end of November the American Bureau of Metal Statistics said

London Metal Exchange stocks fell to 193100 tons in December from 194400 tons in November Combined refinery and LME stocks rose to a preliminary 470600 tons from 464400 tons revised higher January LME stocks were 193400 tons

Preliminary figures showed refined production outside US lower at 377300 tons in December versus 384000 tons in November Crude output decreased to 421500 tons from 427000 tons revised higher Refined copper deliveries decreased to 359800 tons from 375400 tons revised lower