Inventories of SHFE base metals mostly down; aluminium up 1.9%

Deliverable stocks of most base metals in Shanghai Futures Exchange-registered warehouse fell during the week to Friday December 3, with the exception of aluminium, which gained 1.9%.

After registering the largest increase in stocks last week, copper was down the most in percentage terms this week, according to SHFE’s weekly inventory report.

Copper stocks stood at 36,110 tonnes on Friday, down by 5,752 tonnes, or 13.7%, from 41,862 tonnes a week earlier. The largest outflow of 2,741...


Sally Zhang

December 03, 2021

11:30 GMT