Traders stuck in LME queue vent fury at warehouse’s fee hike
The company’s warehouses at Port Klang in Malaysia have become the focal point for the aluminum market, holding more than three quarters of LME stocks.
Several prominent figures in the global gold market are coming to the conclusion that the major new driving force is a legion of fleet-footed retail investors on the Shanghai Futures Exchange.
New measures designed to undercut the economic rationale for withdrawing Russian metal already on the LME and selling it back on the exchange under a less-desirable category.