Shanghai Futures Exchange Adjusts Storage Capacity for Copper, Tin, Stainless Steel Futures

The Shanghai Futures Exchange has made adjustments to the approved storage capacity of certain futures delivery warehouses.

In accordance with the Measures for the Administration of Delivery Warehouses, Minmetals Wuxi Logistics Park Co., Ltd. will have its storage location at No. 1 Tangang Road in Huishan District reduced from 20,000 mt to 15,000 mt for copper futures, and from 2,000 mt to 1,000 mt for tin futures.

The approved storage capacity of stainless steel futures at the same location will be decreased from 70,000 mt to 60,000 mt.

In addition, Minmetals Wuxi Logistics Park Co., Ltd.'s storage location at No. 8 Xinsha Road in Dongguan City has been approved as a delivery warehouse for copper futures with an approved storage capacity of 5,000 mt and no regional premium.