The aggregate quantity of aluminium stocks accessible to the market within LME-registered warehouses, denoted by MALSTX-TOTAL, is commonly known as on-warrant. Warrants are official documents that convey ownership rights to the metal.
The significant presence of Russian-origin metal in LME-registered stocks has raised concerns among certain producers in competition with Russian aluminium giant Rusal. Additionally, some Western consumers are avoiding Russian metal due to Moscow's invasion of Ukraine in 2022.
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
