METALS-Shanghai copper sinks after LME inventory jump
January 23, 2018 at 21:16 PM EST
BEIJING, Jan 24 (Reuters) - Shanghai copper prices fell as much as 2.1 percent in early trade to a six-week low on Wednesday, tracking a sharp decline in London on Tuesday after London Metal Exchange refined copper inventories surged. FUNDAMENTALS * The most-traded March copper contract on the Shanghai Futures Exchange was down 1.7 percent to 52,750 yuan ($8,251.73) a tonne, as of 0214 GMT. Earlier in the session, it hit 52,520 yuan a tonne, the lowest since Dec. 14, 201