July 21 LME Metal inventory and cancellation Warehouse receipt data

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July 21, LME copper inventory decreased by 4775 tons, aluminum inventory decreased by 6775 tons.

Inventory changes of each specific warehouse

Copper stocks decreased by 4775 tons, with Rotterdam and Kaohsiung leading the decline.

Aluminum stocks decreased by 6775 tons, mainly due to continued decline in Asian inventories

Lead stocks soared by 11175 tons, mainly due to inventory growth in Antwerp

Zinc stocks decreased by 650 tons, mostly from Baltimore and Singapore

Tin inventory decreased by 20 tons, with a drop from Los Angeles.

Nickel stocks increased by 468 tons due to inventory growth in Singapore

On July 21, LME copper warehouse receipts increased by 6.25%, and the proportion of cancelled warehouse receipts rose to 45.59%.

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