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On July 24th, LME copper inventory decreased by 2075 tons, while aluminum inventory increased by 8850 tons.
Inventory changes of each specific warehouse
Copper stocks fell by 2075 tons, while Rotterdam stocks fell more than other warehouses increased.
Aluminum stocks increased by 8850 tons, mainly due to inventory growth in Singapore
Lead stocks increased by another 10025 tons, mainly due to inventory growth in Europe
Zinc stocks increased by another 4450 tons, with the increase coming from Singapore.
Tin stocks decreased by 20 tons due to continued decline in Los Angeles inventories
Nickel inventory decreased by 510 tons, with a decrease from Kaohsiung.
On July 24th, LME copper cancelled warehouse receipts increased by 2.13%, and the proportion of cancelled warehouse receipts rose to 63.31%.
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