SHFE STOCKS REPORT 26/04: Lead stocks plunge 13.8% on rising utilization rates

April 27, 2019 / www.metalbulletin.com / Article Link

Lead stocks held in Shanghai Futures Exchange-approved warehouse plunged by 13.8% week on week on Friday April 26 due to rising utilization rates.

Deliverable lead stocks at SHFE-approved warehouses have tumbled by 4,052 tonnes since April 19 to reach 29,329 tonnes as of this Friday.This week's sharp drop follows an increase of 232 tonnes on April 19, before which stocks had been falling. Zhejiang Tianchuan warehouse in Zhejing saw the most stock leaving its...

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