Tag: Aluminum
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China: SHFE base metals inventories record outflows w-o-w barring lead
In the week ending 14 June 2024, deliverable stocks of base metals in Shanghai Futures Exchange (SHFE)-registered warehouses witnessed downtrend barring lead. Notably, lead stocks on SHFE recorded an inflow of 2.5% for the week, as per the exchange’s weekly stocks report. China’s economic recovery sputters as new bank loans in May rise less than…