We always talk about the LME inventories and fixate on whether they are going up, down or sideways.
But, more importantly, how many months supply of physical usage of nickel does the LME represent? I've asked this question before but have never seen an answer.
Does anyone know the answer? I think it's very important context for how we look at the LME inventories.
N3 Eclipse ?, page-172
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