SHFE STOCKS REPORT 11/12: Copper, zinc inventories tumble by 16%; lead up 13.8%

December 12, 2020 / www.metalbulletin.com / Article Link

Deliverable base metals stock volumes in Shanghai Futures Exchange-registered warehouses were mostly lower on a weekly comparison in the seven days to Friday December 11, with copper and zinc registering the biggest fall in percentage terms of 16%.

Copper stocks declined by 15,691 tonnes to 82,092 tonnes from 97,783 tonnes the week before.

The Shanggang Wuliu warehouse in Shanghai saw the largest outflow of copper stock. Inventories were down 10,519 tonnes or 28.4% to 26,464 tonnes this week, from 36,983 tonnes the week...

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