SHFE base metals stocks mixed; zinc drops over 30%

Deliverable stocks of base metals in Shanghai Futures Exchange (SHFE)-registered warehouses showed mixed movements during the week to Friday December 8, with zinc recording the biggest decrease in percentage terms, according to the exchange’s weekly stocks report.

Zinc stocks declined to 24,084 tonnes from 34,541 tonnes the previous week, representing a drop of 30.27%. The biggest outflow was registered at R&S Logistics warehouse in Shanghai, where 1,970 tonnes...

Published

Shiyue Zhao

December 08, 2023

15:02 GMT

Shanghai