MI alloy stocks analysis: Singapore remains highly active

Singapore is dominating activity in terms of LME-registered alloy stocks right now. It accounted for 600t of Thursday's draws and all of the 760t of fresh cancellations. The cancellations were all in the form of DIN226b and were split between 580t of ingot and 180t of large sow. Rotterdam accounted for the other 100t of draws—all in the form of DIN226 ingot.