July 2nd LME Metal inventory and cancellation Warehouse receipt data

Published: Jul 2, 2020 16:42

Source: Mandarin Finance and Economics

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On July 2nd, LME copper inventory decreased by 2625 tons, aluminum inventory decreased by 4525 tons.

Inventory changes of each specific warehouse

Copper stocks decreased by 2625 tons, with Busan and New Orleans warehouses leading the decline.

Aluminum stocks decreased by 4525 tons, concentrated in Klang and Johor warehouses.

Lead stocks reduced by 700 tons from Rotterdam and Laiheng warehouses

Zinc inventory reduced by 25 tons, from Kaohsiung warehouse

Tin inventory reduced by 50 tons from Los Angeles warehouse

Nickel stocks increased by 786 tons from warehouses in Antwerp and Singapore

On July 2nd, LME copper cancelled warehouse receipts decreased by 2.56%, while registered warehouse receipts remained unchanged.

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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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