The LME aluminium stocks headline figure drifted a little lower again yesterday, largely thanks to subdued inflow, which remains concentrated on Singapore.
LME Aluminium Stocks |
||||||
| Previous | In | Out | Total | Open | Cancelled | Change |
| 832,925 | 1,225 | 2,225 | 831,925 | 812,800 | 19,125 | -1,000 |
| Location | In | Out | Cancellations |
| Pusan | 0 | 625 | 0 |
| Johor | 0 | 100 | 0 |
| Singapore | 1,025 | 1,025 | 875 |
| Baltimore | 200 | 75 | 2,025 |
| Detroit | 0 | 150 | 0 |
| New Orleans | 0 | 100 | 0 |
| St Louis | 0 | 150 | 0 |
It was a slightly better day for fresh cancellations with 2,025t of T-bar moving into this category at Baltimore, but there is as yet no noticeable increase in the cancelled tonnage pipeline. That suggests that draws will remain subdued in the coming days.
| LME Alloy Stocks | ||||||
| Previous | In | Out | Total | Open | Cancelled | Change |
| 77,520 | 0 | 0 | 77,520 | 76,640 | 880 | 0 |
No surface movement Wednesday but 60t of DIN226 ingot were cancelled at Singapore.
| LME NASAAC Stocks | ||||||
| Previous | In | Out | Total | Open | Cancelled | Change |
| 127,820 | 0 | 300 | 127,520 | 123,380 | 4,140 | -300 |
The downtrend in LME-registered stocks of NASAAC was extended Wednesday with Baltimore losing 180t, Chicago 100t and St Louis 20t. There were also 100t of fresh cancellations at Chicago in the form of small sow.
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