Copper and zinc stocks at Shanghai Futures Exchange-approved warehouses were up week on week on Friday February 1 despite thin trading ahead of the Lunar New Year holiday, while other base metals stocks were little changed.
Deliverable copper stocks at SHFE-approved warehouses increased by 19.21% or 23,000 tonnes to 142,727 tonnes in the week to Friday. The volume in the Shanghai district increased by 18.32% or 15,903 tonnes to 102,710 tonnes this week. Among the warehouses in Shanghai, Zhongchuwusong had the largest increase of 20.27% or 5,001 tonnes...