Ann: SGQ: More Thick Intercepts Down-Plunge of Shallow Deposits, page-6

This article explains a lot about why the inventory has fallen recently. Looks like funny buggers being played and the large LME traders are not falling for it. The key give away was when the inventory levels rapidly fell but the price fell also. Means the traders know the game being played and not going to entertain it.

https://www.forbes.com/sites/timtreadgold/2019/11/05/revenge-of-the-steel-maker-chinas-internal-tariff-war-turns-nasty/amp/?__twitter_impression=true