Off-warrant lead stocks plunge in August, decrease for aluminium, nickel; uptick in copper

October 19, 2021 / www.metalbulletin.com / Article Link

The total amount of lead held outside of the London Metal Exchange's warehouses fell by 77.6% over August, with most other metals also posting declines, according to the LME's latest report.

After a small rise in July, the total amount of metal held outside of LME sheds was down by 150,694 tonnes to 813,916 tonnes in August. 

Lead had the biggest decrease - just 1,053 tonnes were left off-warrant at the end of August.

This was largely due to the depletion of European lead's off-warrant stocks, which were down by 82.7% to just 762 tonnes from 4,440 tonnes in July. Consumers in Europe scrambled for metal after the region's main smelter Ecobat declared force majeure at the...

Recent News

Another 'Bubble Check' for the gold sector

September 08, 2025 / www.canadianminingreport.com

Gold stocks continue to hit new highs

September 08, 2025 / www.canadianminingreport.com

Some mining stocks exposed to Burkina Faso take major hit

September 02, 2025 / www.canadianminingreport.com

Gold stocks again hit new highs

September 02, 2025 / www.canadianminingreport.com

Gold stocks reach new highs on metal price gain

August 25, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok