July 8th LME Metal inventory and cancellation Warehouse receipt data

Published: Jul 8, 2020 16:21

Source: Mandarin Finance and Economics

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On July 8th, LME copper stocks fell by another 3800 tons, and aluminum stocks decreased by 4975 tons.

Inventory changes of each specific warehouse

Copper stocks decreased by 3800 tons, and stocks in the three places decreased.

Aluminum stocks decreased by 4975 tons, mainly in Klang and Johor warehouses.

Lead stocks decreased by 100 tons, and stocks in the two places decreased.

Zinc stocks decreased by 200 tons and Singapore stocks decreased

Tin inventory increased by 15 tons from Klang warehouse

Nickel stocks increased by 438 tons, Singapore stocks increased

On July 8th, LME Copper cancelled warehouse receipts increased by 1.3%, while registered warehouse receipts decreased by 4.8%.

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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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