Cancelled warrants should increase with drawdowns. cancelled warrants are those for which warrants have been provided (cancelled) by customers and are committed to ship..
Interesting if you look at available stocks - 83kT - 20kT of this is apparently 'window dressing', namely the 20kT parked in Dubai and Johor. If these stocks are not actually free then available tonnage is down to 63kT..
price explosion maybe, page-10
Add ZINC (LME) to my watchlist
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