for HC members an industry source has told me that the reason lme nickel stocks are rising is because hedge funds have been deliverying nickel into the Rotterdam w/house as they need the liquidity to offset agst losses and tight credit conditions, once these guys have finished we should see stocks fall into 4th qtr,
fyi all the increases in stocks have been into the Rotterdam/europe lme w/house just about each day for a few months now.the outward shipments have been mainly from asian lme w/houses.
lme stock levels
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