Core Insights - The article provides an overview of the changes in metal inventories at the London Metal Exchange (LME), highlighting fluctuations in copper, aluminum, zinc, tin, and nickel stocks. Inventory Changes - **Copper Inventory**: Increased by 275 tons to 139,475 tons, with a registered warehouse stock of 131,050 tons and a cancellation rate of 6.04% [1][4]. - **Aluminum Inventory**: Rose by 2,200 tons to 508,600 tons, with a registered stock of 403,475 tons and a cancellation rate of 20.67% [2][6]. - **Zinc Inventory**: Remained stable at 38,250 tons, with a registered stock of 22,850 tons and a cancellation rate of 40.26% [9]. - **Tin Inventory**: Decreased by 115 tons to 2,390 tons, with a registered stock of 2,155 tons and a cancellation rate of 9.83% [12]. - **Nickel Inventory**: Increased by 4,260 tons to 236,892 tons, with a registered stock of 229,536 tons and a cancellation rate of 3.11% [14]. Regional Inventory Insights - **Copper**: Significant increases noted in various locations, including Kaohsiung (+200 tons) and Rotterdam (unchanged) [4]. - **Aluminum**: Notable increases in locations such as Klang (+125 tons) and Kaohsiung (unchanged) [6]. - **Zinc**: Stable across regions, with no changes reported [9]. - **Tin**: Decreases observed in multiple locations, including a drop of 40 tons in Singapore [12]. - **Nickel**: Increased stock levels in Singapore (+4,284 tons) and other regions [14].

Core Insights - The article provides an overview of the changes in metal inventories at the London Metal Exchange (LME), highlighting fluctuations in stock levels for various metals including copper, aluminum, zinc, tin, and nickel. Inventory Changes - Copper inventory decreased by 500 tons to 143,400 tons, reflecting a decline of 0.35% [1] - Aluminum inventory saw a reduction of 2,175 tons, bringing the total to 513,425 tons, a decrease of 0.42% [1] - Zinc inventory dropped by 1,000 tons to 40,950 tons, marking a decline of 2.38% [1] - Tin inventory increased by 80 tons to 2,750 tons, an increase of 3.00% [1] - Aluminum alloy inventory remained unchanged at 1,500 tons [1] Warehouse Specific Changes - The registered warehouse stocks for copper were 133,725 tons, with a cancellation rate of 6.75% [2] - For aluminum, registered stocks were 412,675 tons, with a cancellation rate of 19.62% [2] - Zinc registered stocks stood at 30,625 tons, with a cancellation rate of 25.21% [2] - Tin registered stocks were 2,300 tons, with a cancellation rate of 16.36% [2] - Nickel inventory remained stable with no changes reported [12] Location-Based Inventory - The inventory for copper in Rotterdam was stable at 15,825 tons, while in Singapore it decreased by 125 tons to 8,700 tons [4] - Aluminum inventory in Klang decreased by 2,050 tons to 333,000 tons, while in Kaohsiung it remained unchanged at 45,300 tons [5] - Zinc inventory in Singapore decreased by 1,000 tons to 40,850 tons [9] - Tin inventory in various locations showed minor fluctuations, with the largest increase of 80 tons in both Klang and Port Klang [11]

Core Insights - The article provides an overview of the changes in metal inventories at the London Metal Exchange (LME), highlighting fluctuations in stock levels for various metals including copper, aluminum, zinc, tin, and nickel. Inventory Changes - Copper inventory decreased by 500 tons to 143,900 tons, with registered warrants at 134,025 tons and cancellations at 9,875 tons, reflecting a cancellation rate of 6.86% [1][2][4]. - Aluminum inventory fell by 2,100 tons to 515,600 tons, with registered warrants at 412,775 tons and cancellations at 102,825 tons, resulting in a cancellation rate of 19.94% [1][2][5]. - Zinc inventory dropped by 825 tons to 41,950 tons, with registered warrants at 30,625 tons and cancellations at 11,325 tons, indicating a cancellation rate of 27.00% [1][2][9]. - Tin inventory decreased by 105 tons to 2,670 tons, with registered warrants at 2,220 tons and cancellations at 450 tons, leading to a cancellation rate of 16.85% [1][2][11]. - Nickel inventory increased by 1,188 tons to 231,312 tons, with registered warrants at 224,532 tons and cancellations at 6,780 tons, showing a cancellation rate of 2.93% [1][2][13]. Regional Inventory Details - In the copper inventory, the largest stock was in Kaohsiung with 53,800 tons, while Rotterdam had 15,825 tons [4]. - For aluminum, the largest stock was in Port Klang with 335,050 tons, and the lowest was in Detroit with 125 tons [5]. - Zinc inventory was primarily located in Singapore with 41,850 tons, while Hong Kong had a minimal stock of 75 tons [9]. - Tin inventory was highest in the Yangtze region with 2,775 tons, and the lowest was in Baltimore with 10 tons [11]. - Nickel inventory was concentrated in the Yangtze region with 231,312 tons, while Baltimore had a minimal stock of 108 tons [13].

Group 1 - The overall inventory levels for various metals show fluctuations, with copper decreasing by 200 tons (-0.14%) to 144,775 tons, while aluminum increased by 3,300 tons (+0.64%) to 517,150 tons [1][2] - Zinc inventory decreased by 1,375 tons (-3.00%) to 44,400 tons, while tin saw an increase of 120 tons (+4.66%) to 2,695 tons [1][2] - The registered warehouse receipts for aluminum are at 407,375 tons, with a cancellation of 109,775 tons, indicating a cancellation ratio of 21.23% [5] Group 2 - Specific locations show varied inventory changes, with Rotterdam's copper inventory decreasing by 150 tons to 17,200 tons, while Kaohsiung's aluminum inventory remained unchanged at 45,300 tons [4][5] - The registered and cancelled warehouse receipts for zinc indicate a cancellation ratio of 30.80%, with a total of 30,725 tons registered [9] - Tin inventory in various locations shows a total increase, with the registered warehouse receipts at 2,340 tons and a cancellation of 355 tons, leading to a cancellation ratio of 13.17% [11]

Group 1: Copper Inventory Changes - The registered warehouse inventory for copper decreased by 0.26% to 145,375 tons, while the canceled warehouse inventory increased by 13.37% to 12,475 tons, resulting in a cancellation ratio of 8.58% [1][3] - The total inventory in various locations shows a decrease in copper stock, with significant reductions in Rotterdam and other locations [3] Group 2: Aluminum Inventory Changes - Aluminum registered warehouse inventory remained unchanged at 513,900 tons, with a cancellation inventory of 109,225 tons, maintaining a cancellation ratio of 21.25% [1][5] - The aluminum inventory across different locations shows stability, with no significant changes reported [5] Group 3: Zinc Inventory Changes - Zinc registered warehouse inventory remained at 46,825 tons, with a cancellation inventory of 15,450 tons, leading to a cancellation ratio of 33.00% [1][9] - The inventory levels indicate a consistent trend in zinc stock across various locations [9] Group 4: Tin Inventory Changes - Tin registered warehouse inventory increased by 0.21% to 2,580 tons, with a significant increase in canceled inventory by 69.57% to 195 tons, resulting in a cancellation ratio of 7.56% [1][11] - The inventory changes reflect a slight increase in tin stock, particularly in specific locations [11] Group 5: Overall Market Trends - The overall trends in registered and canceled warehouse inventories across various metals indicate fluctuations in stock levels, with some metals experiencing increases in cancellation ratios while others remain stable [1][5][9][11]

Inventory Changes - Copper inventory decreased to 148,875 tons, down by 900 tons from the previous day, with registered warrants at 135,425 tons and canceled warrants at 13,450 tons, representing a cancellation ratio of 9.03% [1][3] - Aluminum inventory increased to 513,900 tons, up by 30,125 tons, with registered warrants at 404,675 tons and canceled warrants at 109,225 tons, resulting in a cancellation ratio of 21.25% [1][5] - Zinc inventory decreased slightly to 48,825 tons, with registered warrants at 31,375 tons and canceled warrants at 17,450 tons, leading to a cancellation ratio of 35.74% [1][9] - Nickel inventory decreased to 228,450 tons, with registered warrants at 220,668 tons and canceled warrants at 7,782 tons, resulting in a cancellation ratio of 3.41% [1][13] Warehouse Specific Changes - In Kaohsiung, copper inventory remained stable at 52,200 tons, with no changes in inflow or outflow [3] - Rotterdam saw a decrease in copper inventory to 18,050 tons, down by 200 tons, with a cancellation ratio of 14.13% [3] - Singapore's zinc inventory decreased to 48,725 tons, with a cancellation ratio of 35.76% [9] - The inventory of tin in the port of Klang remained unchanged at 1,850 tons, with a cancellation ratio of 7.84% [11]

Group 1: Inventory Changes - Copper inventory decreased by 1,675 tons, representing a 1.10% decline, with current inventory at 150,950 tons [1] - Aluminum inventory decreased by 1,500 tons, a 0.31% drop, bringing the total to 483,775 tons [1] - Zinc inventory fell by 1,175 tons, a 2.34% decrease, resulting in a total of 48,975 tons [1] - Nickel inventory increased by 1,950 tons, a 0.87% rise, with current inventory at 226,434 tons [1] - Aluminum alloy inventory remained unchanged at 1,500 tons [1] Group 2: Warehouse Specific Changes - In the copper warehouse, the current inventory is 150,950 tons, with a decrease of 1,675 tons from the previous day [4] - The Rotterdam location for copper saw a decrease of 1,050 tons, bringing the total to 18,350 tons [4] - The aluminum warehouse in Klang experienced a decrease of 1,500 tons, resulting in a total of 312,900 tons [5] - Zinc inventory in Singapore decreased by 1,175 tons, now totaling 48,875 tons [9] - Nickel inventory in the main warehouse increased by 1,950 tons, now at 226,434 tons [13]

Group 1: Metal Inventory Changes - Copper inventory decreased by 225 tons, representing a 0.15% decline, with total inventory at 153,950 tons [1] - Aluminum inventory remained unchanged at 485,275 tons, with no variation in registered or canceled warrants [1] - Zinc inventory decreased by 100 tons, a 0.20% drop, bringing total inventory to 50,525 tons [1] - Nickel inventory increased by 1,932 tons, a 0.87% rise, resulting in a total of 225,084 tons [1] - Aluminum alloy inventory remained stable at 1,500 tons, with no changes [1] Group 2: Registered and Canceled Warrants - For copper, registered warrants are at 133,225 tons, with a 0.08% decrease, and canceled warrants at 20,725 tons, down by 0.60% [2] - Aluminum registered warrants are at 375,025 tons, unchanged, with canceled warrants at 110,250 tons, also unchanged [2] - Zinc registered warrants decreased by 6.70% to 33,050 tons, while canceled warrants increased by 14.97% to 17,475 tons [2] - Nickel registered warrants are at 216,510 tons, with a slight increase of 0.89%, and canceled warrants at 8,574 tons, up by 0.28% [2] - Tin inventory saw a significant increase in registered warrants by 11.44% to 2,435 tons, while canceled warrants decreased by 7.50% to 185 tons [2] Group 3: Location-Specific Inventory Changes - Copper inventory at Changsha remains at 52,100 tons with no changes, while Kaohsiung shows a decrease of 150 tons to 46,825 tons [4] - Rotterdam's copper inventory decreased by 75 tons to 19,450 tons, with a registered warrant ratio of 19.28% [4] - Aluminum inventory at Port Klang remains stable at 314,400 tons, with registered warrants at 206,820 tons [5] - Zinc inventory in Singapore decreased by 100 tons to 50,425 tons, with registered warrants at 32,975 tons [9] - Tin inventory at Yangshan increased by 235 tons to 2,620 tons, with registered warrants at 2,435 tons [11]

Core Insights - The report provides an overview of the changes in LME (London Metal Exchange) inventories for various metals, highlighting significant fluctuations in stock levels and the implications for market dynamics [1][3][5]. Group 1: Copper Inventory Changes - LME copper inventory decreased by 225 tons, bringing the total to 155,050 tons, with registered warrants at 133,325 tons and cancelled warrants at 21,725 tons, representing a cancellation ratio of 14.01% [3][4]. - Specific locations such as Kaohsiung and Rotterdam showed minor changes, with Kaohsiung's inventory down by 175 tons and Rotterdam remaining stable [3]. Group 2: Aluminum Inventory Changes - LME aluminum inventory remained unchanged at 485,275 tons, with registered warrants at 375,025 tons and cancelled warrants at 110,250 tons, maintaining a cancellation ratio of 22.72% [5][6]. - The inventory at Port Klang was stable at 314,400 tons, while other locations like Kaohsiung and Rotterdam also reported no changes [5]. Group 3: Zinc Inventory Changes - LME zinc inventory decreased by 200 tons to 50,825 tons, with registered warrants at 35,450 tons and cancelled warrants at 15,375 tons, resulting in a cancellation ratio of 30.25% [9][10]. - The inventory in Singapore mirrored this trend, also decreasing by 200 tons [9]. Group 4: Tin Inventory Changes - LME tin inventory increased by 55 tons to 2,410 tons, with registered warrants at 2,185 tons and cancelled warrants at 225 tons, leading to a cancellation ratio of 9.34% [11][12]. - Locations such as Port Klang and Singapore also reported increases in inventory [11]. Group 5: Nickel Inventory Changes - LME nickel inventory rose by 3,024 tons to 221,094 tons, with registered warrants at 212,502 tons and cancelled warrants at 8,592 tons, resulting in a cancellation ratio of 3.89% [13]. - Significant increases were noted in locations like Singapore and Hring, contributing to the overall rise in nickel inventory [13].

Inventory Changes - Copper inventory decreased to 158,875 tons, with a change of -0.10% from the previous day, and registered warrants at 13,175 tons, accounting for 8.29% of total inventory [1][3] - Aluminum inventory remained stable at 481,050 tons, with registered warrants at 12300 tons, representing 2.56% of total inventory [1][5] - Zinc inventory decreased to 55,875 tons, with a change of -1.49%, and registered warrants at 13,025 tons, making up 23.31% of total inventory [1][9] - Tin inventory increased to 2,155 tons, with a change of +8.71%, and registered warrants at 220 tons, accounting for 10.21% of total inventory [1][11] - Nickel inventory rose to 209,844 tons, with a change of +0.14%, and registered warrants at 7,998 tons, representing 3.81% of total inventory [1][13] Warehouse Specific Changes - In Kaohsiung, copper inventory decreased by 150 tons to 54,000 tons, with registered warrants at 2,325 tons, accounting for 4.31% [3] - Rotterdam showed a stable aluminum inventory of 3,575 tons, with registered warrants at 2,450 tons, representing 31.47% [5] - Singapore's zinc inventory decreased to 55,775 tons, with registered warrants at 13,000 tons, making up 23.31% [9] - Tin inventory in Singapore increased to 500 tons, with registered warrants at 40 tons, accounting for 8.00% [11] - Nickel inventory in Kaohsiung increased by 300 tons to 45,030 tons, with registered warrants at 4,896 tons, representing 10.87% [13]