SHFE STOCKS REPORT 29/05: Copper stocks plunge 17%; lead gains 16%

May 30, 2020 / www.metalbulletin.com / Article Link

Deliverable stocks of base metals in Shanghai Futures Exchange-approved warehouses moved in different directions in the week to Friday May 29, with copper posting the biggest decline, while lead saw the biggest gains.

SHFE copper stocks stood at 144,988 tonnes on Friday, down by 30,837 tonnes, or 17.5%, from 175,825 tonnes the previous week. 
Copper inventories fell for the second straight week following a 16% fall last week, due to a continuing recovery in demand.

Recent News

Gold stocks decline on flat metal and mixed equities

October 07, 2024 / www.canadianminingreport.com

Copper price expected to range from flat to slight gain in 2025

October 07, 2024 / www.canadianminingreport.com

China's gold holdings to central bank reserves still low

September 30, 2024 / www.canadianminingreport.com

China has broad effect on gold market

September 30, 2024 / www.canadianminingreport.com

Gold stocks mixed after previous week's huge gains

September 23, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok