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customdesignnnn · 3 years ago
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Category: LME shadow price increases fuel market turmoil: Andy's house
Category: LME shadow price increases fuel market turmoil: Andy’s house
LONDON, April 13 (Reuters) – The total number of metals registered in the London Metal Exchange (LME) metals fell by less than 1 million tonnes in March. The exchange rate of aluminum, copper, lead, nickel, tin and zinc has not been less since the last century. The visible output is accompanied by a high degree of rigidity on the LME shade material – metal that is stored outdoors but under a…
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cialisbl · 3 years ago
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Column: LME shadow stocks demise adds to metals market turmoil: Andy Home
Column: LME shadow stocks demise adds to metals market turmoil: Andy Home
LONDON, April 13 (Reuters) – The total amount of metal registered in the global network of warehouses of the London Metal Exchange (LME) fell below 1 million tonnes in March. Stock markets for aluminium, copper, lead, nickel, tin and zinc were not this low since the last century. The visible liquidation has been accompanied by an even larger decline in the LME’s hidden inventory: metal stored…
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