SHFE Increases Warehouse Capacity for 6 Companies

SHANGHAI, Dec. 21 (SMM)--The Shanghai Futures Exchange said on Dec. 20 it has increased the storage capacity by approving six companies that applied to be added to its list of registered warehouses.

The increased warehouses are respectively Shanghai Luchao 04 Street Warehouse of Shanghai Tongsheng Logistics Park Investment & Development Co., Ltd., with storage capacity of 15,000 mt of zinc, besides 60,000 mt of copper or 20,000 mt of aluminum, Wuxi Guolian Logistics Co., Ltd.’s Shitangwan Warehouse in Luoshe Town, Huishan District of Wuxi City, with 30,000 mt of aluminum and 20,000 mt of zinc, Pinghai Road NO.299 Warehouse of Ningbo Jiulongcang Storage Co., Ltd. in Zhenhai District, with storage capacity of 13,000 mt of aluminum and 5,000 mt of zinc, Ningbo Zhenhai Warehouse of 837 subsidiary of State Reserve Bureau, with storage capacity of 20,000 mt of aluminum and 10,000 mt of zinc, Xiaotangxi Warehouse of Guangdong Shengshi Nonferrous Metals Warehouse and Logistics Co. Ltd., with storage capacity of 20,000 mt of aluminum and 20,000 mt of zinc and Zhuji Warehouse of Zhejiang Kangyun Storage Co., Ltd., with storage capacity of 25,000 mt of aluminum and 10,000 mt of zinc. (Edited by SMM)

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