On-warrant LME stocks up 75% on decline in demand for base metals

On-warrant base metals stocks in London Metal Exchange warehouses have increased by 75% since the beginning of the year, in line with a decline in physical demand, Fastmarkets understands.

Total base metals stock levels in LME sheds stand at 841,906 tonnes as of Thursday June 1, of which 625,739 tonnes is on-warrant.

Large inflows of aluminium, copper...


Callum Perry

June 01, 2023

10:53 GMT