Forty Percent of LME Aluminium Stocks Marked for Delivery
Almost 40 percent of LME aluminium stocks are earmarked for delivery amid Middle East supply risks. Gulf smelters declared force majeure as premiums rose.
Xurve View
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Xurve View
Traders are aggressively withdrawing aluminium from London Metal Exchange (LME) warehouses as global supply concerns mount. Nearly 40% of total inventories have been earmarked for delivery, likely destined for regions facing shortages following the closure of the Strait of Hormuz.
