SHFE STOCKS REPORT 18/01: Zinc, copper and lead stocks up due to thin trades ahead of Chinese Lunar New Year

Copper, zinc and lead stocks on the Shanghai Futures Exchange were up week on week on Friday January 18 in a quiet trading week in China, while aluminum, nickel and tin stocks fell.

Deliverable zinc stocks at SHFE-approved warehouses rose by 9.25% or 2,492 tonnes to 29,434 tonnes in the week to Friday. Shanggang Logistic had 3,495 tonnes of zinc delivered into its warehouse, an increase of 300% or 2,622 tonnes compared with a week prior. Trading volume has thinned ahead of the Chinese New Year holidays (February 4-10). Some trading offices in China will start to close for the holiday this...


Ellie Wang

January 18, 2019

14:46 GMT