SHFE base metals stocks diverge; nickel down by 27.4%

Deliverable stocks of base metals in Shanghai Futures Exchange-registered warehouses diverged into two camps in the week ended Friday May 13, with nickel falling the most in percentage points, by 27.4%, and tin topping the increase at 44.1%.

Nickel inventories were at 3,754 tonnes in the  week, down by 1,419 tonnes from a week earlier. Zhongchu Dachang warehouse in Shanghai registered the largest outflow of 960 tonnes, with...


Sally Zhang

May 13, 2022

11:55 GMT