METALS-Shanghai copper sinks after LME inventory jump
January 23, 2018 at 23:32 PM EST
(adds analyst comment, updates prices) BEIJING, Jan 24 (Reuters) - Shanghai copper prices fell on Wednesday, tracking a sharp decline in London on Tuesday after London Metal Exchange (LME)refined copper inventories surged and concerns grew over the strength of import demand in top copper consumer China. On-warrant copper stocks in facilities certified by the LME - metal not earmarked for delivery from warehouses and available for investors - jumped by 28 percent on
