SHFE STOCKS REPORT 13/07: SHFE zinc stocks fall over 22% w-o-w; lead jumps close to 70%

Deliverable zinc stocks at Shanghai Futures Exchange-approved warehouses dropped by 16,919 tonnes or 22.6% over the past week to 58,016 tonnes as of Friday July 13.

Zinc stocks in the Zhejiang warehouses of Shanghai had the largest decrease of 14,576 tonnes over the past week.The SHFE June zinc contract price closed this week at 20,900 yuan ($3,130.23) per tonne,...