Author: Drishya Yadav
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China: SHFE base metal stocks witness varied trends w-o-w, lead drops over 20%
The latest weekly stock report from the Shanghai Futures Exchange (SHFE) indicated that the inventory of base metals in SHFE-registered warehouses saw a varied trend w-o-w. Among these metals, lead experienced the most significant decline in percentage terms. In China’s Yunnan province, aluminium smelters resumed operations, expecting a 500,000 tonne (t) output recovery following improved…