SHFE STOCKS REPORT 27/08: Inventories of most base metals down; zinc, lead stocks rise

August 28, 2021 / www.metalbulletin.com / Article Link

Most base metals registered declines in inventories at Shanghai Futures Exchange-registered warehouses during the week to Friday August 27, with nickel falling the most in percentage terms at 16.6%.

Recording four consecutive weeks of losses, nickel stocks dropped by 16.6% to 4,455 tonnes from 5,344 tonnes last week. The largest outflow was from warehouses operated by Zhongchu Dachang based in Shanghai, where volumes fell by 847 tonnes, or...

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