SHFE STOCKS REPORT 23/07: Base metal inventories diverge; Zinc up 18.2%

July 24, 2021 / www.metalbulletin.com / Article Link

Inventories of the base metals diverged in Shanghai Futures Exchange-registered warehouses this week, with zinc gaining the most at 21.3% while copper stocks fell by 18.2%, according to the stocks report on Friday July 23.

Zinc inventories stood at 36,440 tonnes on Friday, an increase of 6,387 tonnes from 30,053 tonnes on July 23.

The inflows mainly came into warehouses operated by Quansheng Logistics Caoan and Quansheng Logistics - both in Shanghai - which recorded...

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