Quote from Kitco -Saturday morning AEST
" Meanwhile, copper stocks in warehouses monitored by the LME fell to a 2-1/2 year low of 289,000 tonnes, down 3,250 tonnes,with the ratio of cancelled warrants to total stocks at 34.31 percent, with most of the tonnage in U.S. locations. ".
Stockpiles still heading to where we want them to be.
Note, I see they track Cancelled Warrants as a % of Total Stocks as lead indicator of stockpile direction..
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- ***** latest.on lme copper.
***** latest.on lme copper.
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