July 31st LME Metal inventory and cancellation Warehouse receipt data

Published: Jul 31, 2020 16:27

Source: Mandarin Finance and Economics

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July 31st LME copper inventory decreased by 1100 tons, aluminum inventory decreased by 5700 tons.

Inventory changes of each specific warehouse

Copper stocks fell by 1100 tons, with Rotterdam stocks falling the most

Aluminum inventory decreased by 5700 tons from Klang and Johor warehouses

Lead stocks reduced by 25 tons

Zinc inventory reduced by 125 tons

Tin inventory reduced by 120 tons

Nickel inventory increased by 456 tons, with the largest increase in Frishin warehouse.

On July 31st, LME copper cancelled warehouse receipts decreased by 4.18%, and the proportion of cancelled warehouse receipts decreased to 62.61%.

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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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