Tag: China base metal inventory
-

China: SHFE base metal stocks witness weekly gains; copper surges over 19%
The latest weekly stock report from the Shanghai Futures Exchange (SHFE) indicated that the inventory of base metals in SHFE-registered warehouses saw a collective increases w-o-w. Among these metals, copper experienced the most significant rise in percentage terms. China’s central bank kept its key policy rate steady, withdrawing cash from a medium-term loan operation to…