Barring zinc and nickel, base metal stocks at Shanghai Futures Exchange-approved warehouses were lower week on week on Friday August 23, with the biggest fall in deliverable lead stocks, which slumped by 9.6% or 3,544 tonnes to 33,065 tonnes.
According to the SHFE's latest inventory report, the Zhejiang Tianchuan warehouse in Zhejiang recorded the most lead stock withdrawals this week with 3,401 tonnes leaving its sheds. Bucking the trend was zinc and nickel, which registered stock increases of...