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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


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
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