China is struggling to whittle down record-high lead inventories as the cost of shipping the metal to Western countries erodes potential profit and closer Southeast Asian markets grapple with COVID-19 outbreaks, research house Antaike said on Thursday. Lead stocks in Shanghai Futures Exchange warehouses PB-STX-SGH leaped to a record 190,918 tonnes last week and are …
The post China struggling to shake off record high lead stocks -Antaike first appeared on Hellenic Shipping News Worldwide. Source