SunSirs: Changes in Global Metal Inventories
August 16 2024 10:31:39
According to the latest global inventory data, on August 14, the inventories of metals such as tin, lead and aluminum at the London Metal Exchange all declined to varying degrees. Specifically, tin inventories fell to 4,125 tons, a decrease of 275 tons, the lowest level in three months; lead inventories also fell to 198,700 tons, a decrease of 4,100 tons, a two-month low; and aluminum inventories fell by 3,725 tons to 892,475 tons, also a new low since March. At the same time, copper inventories rose, increasing by 25 tons to 307,450 tons, the highest level in nearly four years and eleven months. Zinc inventories also fell by 1,675 tons, and nickel inventories increased by 1,675 tons.
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