Aluminum Warehouse Stocks witness a massive decline
Fri, May 13, 2022 2:29 PM

Aluminum Warehouse Stocks witness a massive decline

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The readily available aluminum inventories in London Metal Exchange warehouses witnessed a massive decline to a record low. The aforementioned plunge can be attributed to accumulating stress in the metal markets globally. The metal that has not been marked for withdrawal has plunged 9.7% and has reached 260,275 tons exceeding a previous low that was set in the year 2000.

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