Except for copper, base metals stocks in Shanghai Futures Exchange-registered warehouses all recorded falls in the week to Thursday December 31, with zinc down the most by 13%.
The anomaly in stock copper levels was stark, surging by 15.3%, while the rest of the base metals' inventories declined.Copper inventories totaled 86,679 tonnes on Thursday December 31, up by 11,530 tonnes or 15.3% from a week earlier The Nanchu warehouse in Guangzhou reported the...