Base metal stocks at Shanghai Futures Exchange-approved warehouses were mostly higher with zinc recording a rise at 23% week on week as of Friday October 19, while copper stocks rose 12%.
Deliverable zinc stocks rose 10,106 tonnes or 23.3% in the past week to 53,479 tonnes as of Friday.
This week, warehousing company Yuqiang in Shanghai had the most zinc stock moving to its sheds, totaling 9,659 tonnes on October 19, an increase of 3,504 tonnes from the prior week. ...