SHFE STOCKS REPORT 28/09: SHFE base metals stocks plunge ahead of China’s Golden Week

Deliverable base metals stocks at Shanghai Futures Exchange-approved warehouses all plummeted in the week to Friday September 25, with lead falling the most before China’s Golden Week holiday (October 1-8).

Lead stocks fell the most in percentage terms, diving by 45.3% or 13,199 tonnes to 15,921 tonnes as of Friday September 25. Warehousing company Zhejiang Tianchuan in Zhejiang had the largest outflow at 10,388 tonnes of lead over the week, leaving behind 8,275 tonnes, compared with 18,663 tonnes...


Karen Ng

September 28, 2020

10:15 GMT