The London Metal Exchange's latest off-warrant stock data showed an increase of 3.9% in material held outside the LME warehouse network in November 2020.
The amount of metal held off-warrant increased by 72,640 tonnes in November, a similar rise to that seen in October, when it rose by 78,092 tonnes.
Data collected by the LME showed there was a total of 1.96 million tonnes of metal held off-warrant in November, up from 1.83 million tonnes in the previous month.
Aluminium continued to be the largest contingent of metal stored out of LME warehouses, with a total of 1.66 million tonnes, or 86% of the total.
The data is released with a one-month delay and reflects stock levels as of the end of November 2020.
Key information
Tin
There was no tin...