Russia’s aluminum stock share in LME warehouses rises in Nov
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Update time : 2024-12-11 17:55:57
In November, the share of Russian aluminum stocks in LME-approved warehouses rose to 67%, up from 65% in October, while that of Indian aluminum stocks increased to 32% from 30%.
On-warrant aluminum stocks in LME warehouses slid by 6% to 380,400 tons.
In the given month, Russian aluminum stocks on LME warrant decreased to 254,500 tons, down from 263,525 tons in October. Indian stocks remained stable at 120,000 tons.
For copper, China held the largest share at 54%, while Russia accounted for 19%.
In terms of nickel, China led with 42%, followed by Russia’s 19% and Indonesia’s 6%.
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