SHFE STOCKS REPORT 01/03: Base metals stocks broadly higher; Ni bucks trend

Base metal stocks at Shanghai Futures Exchange-approved warehouses were mostly up week on week on Friday March 1, with aluminium registering the largest gain while nickel is trending downward.

Deliverable aluminium stocks at SHFE-approved warehouses have risen by 10,332 tonnes or 1.4% since February 22 to 747,012 tonnes as of March 1. Over the week to Friday, Zhongjin Shengyuan in Guangdong had the most stock entering its sheds with 6,277 tonnes of aluminium metal delivered in. Meanwhile, Shanghai-bonded aluminium stocks increased to 5,800-6,800 tonnes on March...


Violet Li

March 01, 2019

09:29 GMT