SHFE STOCKS REPORT 18/06: Zinc inventory falls nearly 11% on robust demand

Most base metals stocks in Shanghai Futures Exchange-registered warehouses decreased in the week to Friday June 18, with zinc recording the largest drop in percentage terms.

Zinc stocks totaled 50,417 tonnes on Friday, down by 6,165 tonnes (10.9%) from 56,582 tonnes a week ago.

The largest outflow was recorded at the R&S Logistics MHC warehouse in Shanghai, where volumes were down by 2,835 tonnes week on week to 4,162 tonnes, according to the exchange's weekly stocks report.

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Yiwen Ju

June 18, 2021

09:57 GMT