Tag: base metals in Shanghai Futures Exchange

China: SHFE base metals inventories see mixed movements; lead stocks record 24% drop

May 25, 2024

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by

Neha TU

in Aluminium, Copper, Non Ferrous

In the week ending 24 May, deliverable stocks of base metals in Shanghai Futures Exchange (SHFE)-registered warehouses witnessed mixed movements. Meanwhile, lead stocks on SHFE recorded the highest outflow over 24% for the week, as per the exchange’s weekly stocks report. China recently announced sweeping measures to stabilise its property sector, including reducing down payment…