Tag: Copper stocks
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China: SHFE base metals stocks witness weekly gains barring zinc
In the week ending 10 May, deliverable stocks of base metals in Shanghai Futures Exchange (SHFE)-registered warehouses experienced inflows, barring zinc, which saw a slight drop of 0.5% w-o-w. Meanwhile, lead stocks on SHFE jumped over 15% for the week, as per the exchange’s weekly stocks report. The USA annual CPI rate before seasonal adjustment…