Chinese warehouse levels decreased over 12,000 tons this week. See also LME. Comex up slightly. Definitely in production deficit right now, as it should be.
Good one #$%$, got a chuckle out of me.
dropping every week now.
SHFE Warehouse levels dropped over 10K tons this week, another big drop. The general direction of spot will continue to be up.
SHFE down 10147 tons
Good opinion/info, thx.