SHFE STOCKS REPORT 15/01: Most base metals inventories fall; zinc up 23.3%

Most base metals recorded a decrease in inventory levels in Shanghai Futures Exchange-registered warehouses in the week to Friday January 15, with the exception of zinc and aluminium.

Nickel stocks dropped the most in percentage terms, with a 12.5% (2,046-tonne) week-on-week decline to 14,282 tonnes as of Friday, compared with 16,328 tonnes previously.

Zhongchu Dachang warehouse in Shanghai City registered the largest outflow of nickel, with stocks...


Hui Li

January 15, 2021

12:21 GMT