Malaysia inflows bring LME aluminum stocks to highest since 2021


Exchange inventories rose by 131,075 tonnes, or 15%, to 1.03 million tonnes. — Bloomberg

SINGAPORE: London Metal Exchange (LME) aluminium stocks rose to the most since November 2021 after a second big delivery into warehouses in Malaysia’s Port Klang in a matter of days.

The huge influx of aluminium into the LME in the past week is fuelling fears of a new round of trading games and a potential queue if that metal is in turn cancelled and buyers look to withdraw it from the exchange.

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