Buildups in Asian LME warehouses continue, although live inventories remain within 10% of a twelve-year low.

 

LME warehouses in Malaysia registered inflows again. LME warehouses across Port Klang, Malaysia, experienced inflows totaling 9,875 mton today. Asian LME warehouses have experienced sizeable inflows so far in March, as Port Klang registered another 9,550 mton inflow yesterday, while inflows totaling 20,675 mton were registered on Friday in Singapore and Malaysia (Port Klang).

More details in full report.

 

Request a Sample

Previous Article China's aluminum prices fall back below the 13,650 yuan per mton threshold (technical resistance). Next Article Increased risk of an LME backwardation for next two weeks (would be bearish for spot premiums).
icon-angle icon-bars icon-times