Movement of LME-registered alloy stocks in August was one-way traffic with no warrantings at all and 2,320t of draws.
| LME Alloy Stocks | ||||||
| Previous | In | Out | Total | Open | Cancelled | Change |
| 75,780 | 0 | 40 | 75,740 | 73,700 | 2,040 | -40 |
The headline figure is now showing a year-to-date decline of 23,540t, or 23.7%.
The long-running downtrend looks set to continue with fresh cancellations a robust 1,060t last week and the cancelled pipeline looking as if it can sustain current draw rates for several more days yet.
| SHFE | LME | TOCOM | COMEX | India |
| Chalco | ChangJiang | Nanhai | Metals Scrap | Statistics |
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