11月28日LME金属库存及注销仓单数据

Core Insights - The report provides an overview of the changes in LME (London Metal Exchange) inventory levels for various metals, including copper, zinc, aluminum, tin, and lead, indicating fluctuations in supply and demand dynamics in the market. Inventory Changes - Copper: The total inventory stands at 159,425 tons, with no change from the previous day. Registered warrants decreased by 1.52% to 6,475 tons, indicating a slight reduction in available supply [1][4]. - Zinc: Inventory increased by 275 tons to 52,025 tons, with registered warrants showing a decrease of 0.91% to 5,425 tons, reflecting a stable demand [2][9]. - Aluminum: The inventory decreased by 2,300 tons to 260,875 tons, with registered warrants down by 1.66% to 136,525 tons, suggesting a tightening supply [1][5]. - Tin: The inventory remains unchanged at 3,160 tons, with registered warrants increasing by 5.56% to 380 tons, indicating a stable market [1][11]. - Lead: The inventory decreased by 2,300 tons to 260,875 tons, with registered warrants at 136,525 tons, showing a significant registered warrant percentage of 52.33% [1][7]. Warehouse Specific Changes - Copper Warehouses: The largest warehouse, Changxiong, saw an increase of 100 tons, while Rotterdam experienced a decrease of 75 tons [4]. - Aluminum Warehouses: The main warehouse in Klang reported a decrease of 1,150 tons, while the Rotterdam warehouse had a registered warrant percentage of 28.99% [5]. - Zinc Warehouses: The Singapore warehouse reported a decrease of 50 tons, while the Kaohsiung warehouse increased by 325 tons [9]. Summary of Registered and Cancelled Warrants - Copper: Registered warrants decreased by 1.52%, while cancelled warrants accounted for 4.06% of the total inventory [2][4]. - Zinc: The cancellation rate for registered warrants was 10.43%, indicating a relatively high turnover in this metal [2][9]. - Aluminum: The cancellation rate was 14.78%, reflecting a significant portion of the inventory being withdrawn from registered status [5].