Seeking Alpha

China reveals its copper inventories stood at 1.9M tons - roughly the amount the U.S. consumes...

China reveals its copper inventories stood at 1.9M tons - roughly the amount the U.S. consumes in a year - at the end of 2010, nearly double what had been estimated, and suggesting demand for the metal there has been lower than assumed. It's a rare bit of solid data from Beijing, which usually keeps this info under wraps.
From other sites
Comments (2)
  • 7footMoose
    , contributor
    Comments (2266) | Send Message
     
    If they have been both secretive and effectively lying for years why today should we believe what they say?
    12 Oct 2011, 02:50 PM Reply Like
  • dieuwer
    , contributor
    Comments (2561) | Send Message
     
    " rare bit of solid data"

     

    HaHaHaHaHa!!!!
    12 Oct 2011, 02:56 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs