SHFE STOCKS REPORT 21/12: Lead inventories up 15%, zinc stocks down 14%

Base metals' stock level movements at Shanghai Futures Exchange-approved warehouses were mixed in the week ended Friday December 21, while lead, nickel and tin stocks rose and lead inventories increased the most at 15%.

Zinc, aluminium and copper stocks fell, with zinc registering the steepest fall of 14%. Deliverable lead stocks increased by 2,502 tonnes or 15% over the past week to total 19,347 tonnes on Friday. This week, warehousing company Zhejiang Tianchuan in Zhejiang had the biggest inflow of lead metal into its sheds at 2,170 tonnes, to reach a total of 8,552 tonnes...

Published

Mia Aureus

December 21, 2018

10:20 GMT

Singapore