SHFE STOCKS REPORT 06/04: Base metal inventories mostly lower except copper, lead

Deliverable base metal stocks at Shanghai Futures Exchange-approved warehouses were mostly lower this week, except for copper and lead.

Deliverable copper stocks rose a slight 434 tonnes since March 30 to 306,645 tonnes on Wednesday April 4. The SHFE inventories are usually published on Fridays but the exchange was closed on Thursday and Friday this week to mark the Qing Ming Festival, or tomb-sweeping day in China.

A number of warehouses saw an...


Vivian Teo

April 06, 2018

05:05 GMT