SHFE Warehouse Receipts: Aluminum Oxide Plunges 505,850 Tons on May 12

According to Shanghai Futures Exchange (SHFE) warehouse receipt data released on May 12, aluminum oxide futures saw the largest single-day decline of 505,850 tons. Butadiene rubber also declined significantly, down 31,480 tons. Among other notable movements, lead futures increased 6,547 tons and international copper rose 2,445 tons. Most other tracked commodities showed modest changes or remained flat.
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