Monday 15 April 2013

LME INVENTORY DATA FOR 15 APRIL


MetalChange from previous day
Aluminium-2425
Copper17525
Lead-350
Nickel-624
Tin-75
Zinc-4575



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The London Metal Exchange has announced a long-awaited change to its rules that will force companies such as Goldman Sachs and Glencore to increase the rate at which they deliver metal out of their warehouses.

Warehousing has become one of the most controversial issues in metals markets thanks to long queues to get metal out of LME-registered warehouses, which consumers argue have pushed up their costs.

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