July 14 LME Metal inventory and cancellation Warehouse receipt data

Published: Jul 14, 2020 17:30

Source: Mandarin Finance and Economics

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July 14 LME copper inventory decreased by 8125 tons, aluminum inventory decreased by 5350 tons

Inventory changes of each specific warehouse

Copper stocks fell 4.6%, the biggest drop in two months

Aluminum inventory decreased by 5350 tons, and 70% reduction came from Klang warehouse.

Lead inventory reduced by 75 tons

Zinc inventory decreased by 275 tons, mainly from Singapore warehouses.

Tin inventory is flat

Nickel inventory decreased by 432 tons, mainly from warehouses in Kaohsiung and Johor.

On July 14, LME copper cancellation warehouse receipts decreased by 9.8%, while aluminum cancellation warehouse receipts increased by 9%.

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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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