RE:LME InventoryYesterday, LME's calcelled warrant has increased 2,575 tons to 53,500 tons; while the live warrant has dropped 2,625 tons to 126,675 tons. Someone started buying zinc.
While for the week, SHFE's both deliverable and on Warrant increased 1,668 and 800 tons, respectively, to 79,051 tons and 9,618 tons.
good luck to all!
tiger
tiger6301 wrote: Yesterday, LME's Cancelled Warrant jumped from 41,000 to 50,925 tons, an increase of 9,925 tons. The Live Warrant was 129,300 tons, that is avilable to the market.
The LME draw down rate has been very low recent, and hope the trend is continuing.
Hold on tight and be patient!
tiger