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On July 20th, LME copper inventory decreased by 6275 tons, and aluminum inventory decreased by 5425 tons.

Inventory changes of each specific warehouse

Copper stocks decreased by 6275 tons, Rotterdam stocks continued to decline

Aluminum stocks decreased by 5425 tons, mainly due to a decline in inventories in Asia

Lead stocks decreased by 125 tons, mostly from Kaohsiung and Chicago

Zinc stocks decreased by 700 tons, with Kaohsiung and Antwerp contributing most of the declines

Tin inventory increased by 165 tons due to the increase in Klang inventory

Nickel stocks fell by 48 tons, a drop from Rotterdam

On July 20th, LME copper cancelled warehouse receipts fell by 1.06%, and the proportion of cancelled warehouse receipts rose to 41.55%.

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