Shanghai weekly copper inventories: 240.5k (prev. 266.5k)

The decline in Shanghai's weekly copper inventories from 266.5k to 240.5k suggests tightening supply in the market, which could support prices if demand remains steady. This drop could also signal stronger industrial activity, prompting traders to assess potential implications for inflation and broader commodities sentiment. Watch for any market reactions, particularly in sectors using copper, as this impacts future supply-demand dynamics.