Deliverable zinc stocks at SHFE-approved warehouses dropped 8,673 tonnes or 24.5% from November 23 to 26,779 tonnes.
This week, R&S Logistics in Shanghai saw the most stock leaving its sheds – 4,100 tonnes of the metal was delivered out of the warehouse.
Anticipation of tightening availability continued to push zinc stocks down with market participants taking delivery of material amid a positive consumption...