SHFE STOCKS REPORT 18/05: Base metal inventories fall across the board; copper stocks down 4%

All base metal stocks at Shanghai Futures Exchange-approved warehouses were lower week on week on Friday May 18, with deliverable copper stocks slipping 3.9% or 11,021 tonnes over the week to 268,504 tonnes.

This week, 830 Huangpu in Guangdong recorded the most copper stock withdrawals with 6,325 tonnes leaving its sheds.  The decrease this week reverses two consecutive weeks of increases which coincided with Chinese sellers releasing inventories into the...


Vivian Teo

May 18, 2018

09:42 GMT