Tag: shanghai future exchange
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China: SHFE base metals prices remain positive w-o-w; Lead stocks drop over 14%
In the week ending 19 April, deliverable stocks of base metals in Shanghai Futures Exchange (SHFE)-registered warehouses experienced slight increases, except for lead and aluminum, which saw a notable decline of 14%, as per the exchange’s weekly stocks report. China is anticipated to maintain its benchmark lending rates unchanged, reflecting improved first-quarter economic data. The…