(Bloomberg) -- Copper futures fell in Shanghai for a second day as international prices continued to drop amid concern that demand from China, the world's biggest consumer of the industrial metal, may slow.
Stockpiles of copper in Shanghai Futures Exchange warehouses have more than doubled this year to the highest since December 2005, as imports and domestic production gained. Stockpiles may rise as much as 10,000 tons this week, said analyst Cai Luoyi. The figures are expected this afternoon.
Read more at Bloomberg Commodities News
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