SHFE STOCKS REPORT 25/05: Base metal inventories continue to fall across the board; lead stocks down 18%

All base metal stocks at Shanghai Futures Exchange-approved warehouses were lower week on week on Friday May 25, with deliverable lead stocks plunging almost 18% or 2,782 tonnes over the week to 12,676 tonnes.

This week Zhejiang Tianchuan recorded the most lead stock withdrawals, with 1,513 tonnes leaving its sheds.  The decrease is related to supply tightness in the domestic market as a result of strengthened environmental regulation, according to market participants.  "The...

Published

Violet Li

May 25, 2018

10:30 GMT

Shanghai