SHFE STOCKS REPORT 18/10: Lead inventories surge 25.2% on rising supply, weakening demand

Base metal stock movements in Shanghai Futures Exchange-approved warehouses were mixed in the week to Friday October 18, with lead stocks gaining the most in percentage terms, followed by copper while aluminium and zinc inventories fell marginally.

Lead stocks rose by 25.2% or 3,936 tonnes in the seven days from October 11 to 19,558 tonnes. The largest inflow in lead inventories was registered at Zhejiang Tianchuan warehouse in Zhejiang, at 2,511 tonnes or 72.8% of its stocks. This brought its...

Published

Karen Ng

October 18, 2019

14:52 GMT

Singapore