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On May 12th, LME copper inventory decreased by 11925 tons, while aluminum inventory increased by 7275 tons.
Inventory changes in specific warehouses
Copper stocks plummeted by 11925 tons, and multi-location inventories fell.
Aluminum stocks increased by 7275 tons, Basheng inventory increased sharply
Lead stocks increased by 275 tons from Chicago warehouses
Zinc stocks decreased by 650 tons, and inventories in the three places decreased.
Tin stocks decreased by 35 tons, with little change from place to place
Nickel stocks increased by 264 tons, concentrated in Singapore warehouses
On May 12, LME copper warehouse receipts fell by 23.24%, and the proportion of write-off decreased to 17.18%.
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