A positive outlook on lead global market
Thursday, August 30, 2018 - 7:04:29 PM

According to Mining News Pro - Cancellation of 19% of the inventory of London Stock Exchange stocks over the past week has led to this rise in prices.

The London-Shanghai Exchange Arbitrage remains open and positive at $ 52, stimulating China`s imports.

The Shanghai Premium today rose 1.7 percent to 155 percent today, indicating a high demand in the physical market.

The world`s LME inventories today dropped 350 tons to 247,000 tons, while 4025 others were canceled, indicating a positive outlook for prices.


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