Deliverable stocks of base metals in Shanghai Futures Exchange-registered warehouses all declined in the week to Friday April 23, due to consumers trucking their cargoes out before the Labour Day holiday in China, sources said.
SHFE nickel stocks totaled 8,560 tonnes this week, down by 994 tonnes or 10.4% from 9,554 tonnes last Friday, data shows.The largest outflow of nickel this week left Zhongchu Dachang warehouse in Shanghai, with 483 tonnes exiting its sheds to...