Insight
| |
6 Pages

LME Warehousing Rules - A New Sheriff In Town


LME Warehousing Rules - A New Sheriff In Town

Report summary

The LME warehousing system has been in the news in recent days with the US Federal Reserve, the US Commodities and Futures Trading Commission, The Senate Banking Committee and most recently the Department of Justice all turning their gaze on the system.  The Senate Committee and the US Federal Reserve are looking at whether investment banks should be allowed to have interests in businesses involved in commodities and they each follow the LME in launching a consultation period over the issue...

What's included?

This report includes 1 file(s)

  • LME Warehousing Rules - A New Sheriff In Town PDF - 476.44 KB 6 Pages, 0 Tables, 7 Figures

Description

This Metals Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.

For industry participants and advisors who want to look at the trends, risks and issues surrounding this topic, this report gives you an expert point of view to help inform your decision making.

Our analysts are based in the markets they analyse and work with high-quality proprietary data to provide consistent and reliable insight.

We provide unique in-depth analysis of the metals supply industry so you can make confident strategic decisions.

  • Executive summary
  • Putting metal away for a rainy day
    • A return to fundamentals?
      • Aluminium situation
      • Copper
      • Zinc

In this report there are 7 tables or charts, including:

  • Executive summary
  • Putting metal away for a rainy day
    • Average Reported Stocks, 2003-2007 versus 2008-2013
    • LME Warehousing Rules - A New Sheriff In Town: Image 2
    • Average Total Implied Metal Stocks (Days of Consumption)
    • Premia escalated as a result of physical tightness
    • 90% of LME stock concentrated in five locations
    • LME copper cash price and 3-month spread
    • Spot premiums at elevated but not record levels
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions

Mailenquiries@woodmac.com
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

Wood Mackenzie, a Verisk Analytics business, has been a trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, empowering clients to make better strategic decisions with objective analysis and advice.

We work across every sector of oil, gas, power, renewables, chemicals, metals and mining, covering more than 150 countries. Our proprietary data and models are at the core of everything we do, ensuring our independent asset and company valuations are thoroughly robust and that we offer an accurate forward-looking view of economic indicators such as market supply, demand and price trends.

Our 500+ analysts are based in the regions they cover, cultivating an unrivalled depth of understanding to help clients accurately identify new opportunities, define their strategy and improve business performance.

At every stage, our teams readily collaborate and share their insight to provide an integrated perspective across entire industries. It is this unique and rigorous analytical approach that ensures we are recognised as the industry standard by the world’s most innovative organisations.