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Russia-origin aluminum stocks in LME warehouses increase share to 67% in Aug

11 Sep 2024 14:50 reported by Joy Liu

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According to data released by the London Metal Exchange (LME), the proportion of Russia-origin aluminum stocks in LME-registered warehouses grew to 67% in August from 65% in July, and India’s share dropped to 31% from 33%.

In August, on-warrant aluminum stocks of all origins in LME warehouses dropped by 4%, which was the third month of decrease after a surge in May.

At the end of August, on-warrant aluminum stocks of Russian aluminum totaled 232,350 tons, falling from 233,775 tons.