Lead stocks in Shanghai Futures Exchange-registered warehouses recorded the largest decrease in percentage terms in the base metals complex in the week to Friday July 24, losing 12.6 %, or 5,111 tonnes, to total 35,436 tonnes.
The largest drawdown came from the Zhejiang Tianchuan warehouse in Zhejiang province, with inventories of the heavy metal down by 3,289 tonnes at 19,299 tonnes compared with 22,588 tonnes a week prior."Supply in the market was less after...