SHFE STOCKS REPORT 25/01: Base metal stocks up on thin trading; lead, nickel fall

January 26, 2019 / www.metalbulletin.com / Article Link

Base metal stocks at Shanghai Futures Exchange-approved warehouses were mostly up week on week on Friday January 25, with copper registering the largest gain while lead and nickel stocks fell.

Deliverable copper stocks at SHFE-approved warehouses grew 18.7% or 18,849 tonnes to 119,727 tonnes in the week to Friday. The 830 Huangpu warehouse in Guangdong had 7,220 tonnes of copper delivered into its warehouse this week, a surge of almost 200% from 712 tonnes the week prior.Trading volumes started...

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