Views: 0 Author: Wenhua Finance Publish Time: 2024-10-11 Origin: Wenhua Finance
Source: Wenhua Finance
According to foreign news on October 10, data released by the London Metal Exchange (LME) on Thursday showed that in September, the proportion of Russian aluminum stocks in LME-approved warehouses fell slightly from 67% in August to 66%. Data showed that the proportion of Indian aluminum stocks rose from 31% to 32%. In September, aluminum registered warehouse receipts increased by 13%, the first increase after three consecutive months of decline. On April 13, the United States and the United Kingdom announced new trading restrictions on Russian aluminum, copper and nickel. The new regulations prohibit LME and Chicago Mercantile Exchange (CME) from accepting newly produced metals from Russia. Russian aluminum, copper and nickel produced on or after April 13 are all banned. As of September 30, the Russian aluminum inventory in LME aluminum registered warehouse receipts was 258,525 tons.
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