伦铜库存呈区间波动格局 沪铜库存增至一个半月新高

Core Insights - The London Metal Exchange (LME) reported that copper inventories remained relatively stable last week, with the latest inventory level at 155,800 tons [1] - The Shanghai Futures Exchange (SHFE) indicated that copper inventories increased by 5.4% to 86,361 tons, reaching a one-and-a-half-month high as of the week of August 15 [1] - International copper inventories rose by 123 tons to 10,967 tons [1] - The New York copper inventory continued to accumulate, reaching 267,195 tons, the highest level since late January 2004 [1] Inventory Trends - LME copper inventory remained stable at 155,800 tons, showing minimal fluctuation [3] - SHFE copper inventory increased to 86,361 tons, marking a 5.4% rise [3] - COMEX copper inventory reached 267,195 tons, reflecting a consistent upward trend [3] - The overall trend indicates that declining inventories in domestic and international exchanges typically support copper prices, while increasing inventories may exert downward pressure [1]