SHFE STOCKS REPORT 15/01: Most base metals inventories fall; zinc up 23.3%

January 16, 2021 / www.metalbulletin.com / Article Link

Most base metals recorded a decrease in inventory levels in Shanghai Futures Exchange-registered warehouses in the week to Friday January 15, with the exception of zinc and aluminium.

Nickel stocks dropped the most in percentage terms, with a 12.5% (2,046-tonne) week-on-week decline to 14,282 tonnes as of Friday, compared with 16,328 tonnes previously.

Zhongchu Dachang warehouse in Shanghai City registered the largest outflow of nickel, with stocks...

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