Lead stocks in Shanghai Futures Exchange-registered warehouses rose by the highest percentage among the base metals, gaining 16.6% or 3,279 tonnes to 22,995 tonnes in the week to Friday June 19.
The largest inflows were recorded at warehouses run by Zhongchu Wuxi in Jiangsu and Zhejiang Tianchuan in Zhejiang, with rises of 1,232 tonnes and 1,632 tonnes respectively from 2,749 tonnes and 8,658 tonnes one week earlier. "Slack demand from downstream industry and high production for secondary lead are the major reasons for SHFE...