June 19th LME Metal inventory and cancellation Warehouse receipt data

Published: Jun 19, 2020 16:32

Source: Mandarin Finance and Economics

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On June 19th, LME copper inventory decreased by 6650 tons, aluminum inventory decreased by 4675 tons.

Inventory changes of each specific warehouse

Copper stocks decreased by 6650 tons, with the largest drop in warehouses in Kaohsiung and Busan

Aluminum stocks decreased by 4675 tons, with the decrease concentrated in Klang and Johor warehouses.

Lead stocks decreased by 25 tons, with the decrease concentrated in the Trieste warehouse.

Zinc inventory decreased by 250 tons and written-off warehouse receipts decreased by 4.13%.

Tin inventory decreased by 65 tons, and warehouse write-off fell by 30.61%.

Nickel inventory decreased by 36 tons, with a decrease from the Kaohsiung warehouse.

On June 19th, LME copper cancelled warehouse receipts increased by 3.2%, and the proportion of cancelled warehouse receipts increased to 45.95%.

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Inventory spot mining

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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