Most base metal inventories in Shanghai Futures Exchange-registered warehouses dropped in the week to Friday July 2, with zinc registering the largest fall in percentage terms at 8% week on week.
Zinc inventories fell by 2,824 tonnes on Friday to 32,490 tonnes, with the largest outflow from the Quansheng Logistics warehouse in Shanghai, where stocks were down by 2,852 tonnes to 12,604 tonnes, according to the exchange's weekly stocks report.The drop in zinc stocks over the...