Engelhart Commodities Trading Partners (ECTP), formerly known as BTG Pactual Commodities, has exited London Metal Exchange warehouse operations in Malaysia, according to an LME notice published on Friday March 8.
The London-based commodity trader has been reducing its physical base metals trading operations since November 2018, liquidating aluminium stocks and cutting down its team of physical traders to focus instead on proprietary trading and building a presence in China. This week, ECTP's physical aluminium trader, Kenneth Rafkin, left...