Tag: China passenger vehicle sales
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China: Steep rise in SHFE base metals inventories raising alarm
Demand slowdown drives inventory accumulation Export pressure may limit global metals prices Metal Intelligence Centre: SHFE inventories have seen an unusually sharp build-up this year. The year-to-date increase, which reached 530,523 t last week, marked the second-highest accumulation recorded for this period since 2012. This is not the first time that SHFE stocks have risen…